I would hold off on going any further until you read Joe's book - it propelled me into the next stage of my investment career.Good luck and don't hesitate to reach out!

@Adam SerdulaHey, Adam.I’m 17 as well and am not planning on going to college after high school.

Of course there are business expenses to deduct and staff that is taken off of that amount.If you syndicate as well then there are generally commission fees on buy and sell, ongoing cash flow as the sponsor, asset management fees, and also back end promote of the equity upside.So going smallest to generally largest for return on time.If you do not have experience managing a strip mall it might be a good idea to partner with someone close to the asset to learn the ropes.

Potential tenants generally do not like going in while big road construction is ongoing in front of the site because customers are lazy and do not want to work to go to a place.  

I think you are missing out on going a little larger, such as 30ftx80ft lots and make 2 story homes that are affordable builder grade, that would yield more for your land. 

Look into local property values, rental demand, and any ongoing developments or revitalization efforts in the area.Perform your own Property Inspection whether you invest through Realwealth or independently, always conduct a thorough property inspection.

If the odor is not properly mitigated that will cause ongoing problems.

I’m still working on going through paperwork with a fine toothed come but am at a loss of what to do given the situation has gotten kind of messy. 

So, in an ongoing basis only the appliance itself needs to be replaced when it fails.

You would have ongoing filing requirements with the State and would need to keep business records and documentation.You also want to look at whether a pass-through entity helps your bottom line and your taxes.