But I get it when you have that tenant dynamic IE limited income basically lowest earners in the country its a tough group to corral for many many reasons..

They're like bank & credit union loans... but with (i) more leverage, (ii) more interest only, (iii) [typically] lower rates, (iv) non-recourse structure, and (v) no deposit requirements / no requirement to start "a relationship". 

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

I’m good with having four separate bank accounts and separate filing but wanted to get feedback and thoughts on this entity structure. 

At first glance it seems like decent neighborhood but any insights and experience would be super helpful?

@Taylor Dasch, I think it will depend on the market you select (always should run the numbers yourself as well), but my Akron property is expected to bring between $200 and $300 / mo after PM fees.

I saved a lot, but I also lost six months of rent income.

The office rental market is experiencing a puzzling trend: office vacancy rates are soaring, but rents continue to rise.

We were a small group of business owners, but Scott taught us quite a bit on how to better improve our presence and credibility on the platform. 

Hi all,I'm a new member of BP, but a long time follower.