We run a small construction company(5 employees, plus my husband and I), holding General and Electrical Contractors Licenses, we serve the Central Coast.

The Portland market is very tough to cash flow in right now even with a house hack.

You'll have a tough time getting a low-down payment conventional loan that will roll in renovation costs.

This is tough since there really isn't anything I can do about how the neighbors manage their yard.

After spending some time this weekend running some numbers, accounting for CapEx, maintenance, reserves, and property management, I realized that it was too tough to even cash flow a few hundred a month in Brockton.

They usually are an employee of the property management company and only know how to process maintenance requests and handle the customer service side of the business.

It's tough to know how much to budget for lead paint when you don't have time for a contractor walk-through before having to submit an offer.

For the Section 469(c)(7) relief provision, personal services performed as an employee are not treated as performed in a real property trade or business unless the employee owns more than 5% of the employer for the entire year [IRC Sec. 469(c)(7)(D)(ii); Reg. 1.469-9(c)(5)].

Congrats though - it is really tough to find anything under $200,000.

Do I let’s say for my first deal I plan to pay investors a 6% preferred return and after that a 70% split to investors and 30% to me.Do I incorporate Blue Estate LLC and then go straight into creating a fund similar to that of Cardone Equity Fund VI which is a fund of Cardone Capital or do I just syndicate a single property deal and create a property LLC paying management fees to my firm to later hire employees and profit splits to investors and myself?