In ohio, if you are not a licensed broker you can only manage for someone else if you are not charging for it or if you are a direct w-2 employee of the property owner. you'll need to check your state laws.

If you're self-employed, the Solo 401k will likely be the better fit for you.Here are few Solo 401k benefits:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You can take participant loans from the plan.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.If you're not self-employed or if you have a business with employees, the self-directed IRA will be your main option.

The entry only listing states that commission is paid on the GROSS sales price (before concessions). 

I have a couple employees which I pay them under our construction payroll it was easier to do, but was wondering if anyone else has employees for just 175 doors?

When you are analyzing rental properties a good rule of thumb for a quick analysis is to expect that you'll spend roughly half of your gross rental income every year operating the property.

With debt service, HOA dues, tax, insurance, PM, and maintenance, the gross rent would need to be close to $2000/month to cash flow close to $500/month.

Because repairs do not increase the basis of the house, only improvement does.Depending on your income level you might pay either 0%, 15% or 20%If your taxable income (not gross income) is below around 425k with capital gain, you will pay 15%.You’re right.

I suppose the county could have an ambitious employee that looks for higher appraised values, which they'd be able to find once you took the equity out and had another/different lien I guess.

If you're not very rich, very poor, or a public employee then the Golden State is probably not for you.

My involvement was my employees had to take time off the give court depositions on a lawsuit for over $2 million.