Not my style but alot of money in that business FWIW.The current rent collection h*** we are in today, certainly unhappiness vs how happy we where just a year ago.- No good rent payment ACH status across the portfolio Today vs what we had.   

We have been in the business almost 65 years.

DSCR loans are business purpose, so you wouldn’t be able to occupy the property.

They have below average management fees and have been in the business for decades. 

It's a good rule of thumb to follow mate.We always get caught up on the potential of a deal or business and don't focus on a "worst case" scenario.Experience has taught me to become a "Negative Nancy" first and evaluate the downside from a risk assessment standpoint.I would always get too carried away and am optimistic and easily influenced to believe in the best in people and ventures.Only to get my A$$ handed to me on a plate.Well not anymore... lol

Hey Karen, A misconception about the real estate professional status (REPS) is that you can be in a real property trade or business (in your case, broker) and still qualify.

I am a realtor based out of Cleveland, OH and I have a client who is looking to lease a commercial space for his business.

I suggest you listen to free podcasts on land wholesaling, build a business plan, and then work it (Wholesaling Inc is a great one).  

Hello All,I am Sonni Harvin and the title is who I am from a business perspective. 

For example, if you dedicate enough time to real estate businesses and real property trades, you may qualify for the real estate professional tax status which is potentially a great way to reduce high W2 taxes.