I have some capital put to the side, furnishings/decor ready and two cleaning companies already in pocket but need to find an individual/company who is currently subleasing so I can finally get my feet wet.

In areas of depressed or semi depressed which Rural PA is one its much easier to pull off than any where on the west coast were you are located.. 

Finally settle in Northwest Arkansas two year ago and started my real estate investing journey with a house hack. 

I will post about that deal in detail once it is finally finished and stabilized. 

The question is: When it is time for the tenant to finally pay, does the tenant pay us (the new owners), or the old owner whom the debt accumulated under?

Thanks all for the help - went with the architect with a great final result and product and they took care of stamps and all requirements.

Originally posted by @Basit Siddiqi:@Daniel Guest'passive activity' and 'trade or business' aren't mutually exclusive when discussing both items.You can have both a trade or business that is either active or passive.If you have a trade or business and your income is positive, you might be eligible for 199A qualified business income deduction.However, most rentals don't operate at positive taxable income because of depreciations.I finally wrapped my head around this the other day and hadn't had a chance to reply on here yet.  

Finally taking out the profits years down the road   Thereby having more money to buy more properties in the time beingIf not are there any suggestions how you temporarily avoid taxes without doing 24 1031s a year?

I finally got a new job this year and began the process to get out of forbearance (you must make 3 successful payments before you're considered to be out).

Hello everyone I have worked very hard to finally post in a forum like this that i am ready to make my first investment in a rental property. i have excellent credit score and am based out of DFW area in Texas.