You determine your own reality.

I am new to REI and am trying to determine the best way to start with limited financial resources.  

Depending on where we can find deals that provide the most upside will determine if we involve a PM company or not.

Link to article: https://bit.ly/2ZEAVPdLink to rule updates: https://www.irs.gov/pub/irs-drop/reg-120186-18-nprm.pdf

plus if you don't charge interest IRS will hit U with imputed interest .. so you will pay tax on some of the income like it was interest income.IE you can do 3 and year and no more than 7 in your portfolio at anytime.. this is to allow mom and pop IRA investors to loan their own money I know this exists in Oregon..but if your in the business that's different. so if you have bought a park with 40 park owned and 10 rentals and you want to move those park owned to the tenants.. then yes your probably in the business.Eddie Speed has been working on a national committee to try to address seller carry back for US investors I don't know if he is making any head way. 

Now that we are facing the tax consequences of RMD's & determining opportune time to take Soc Sec., we sat down with another.

In addition, lenders will ask for this information if you intend to finance the property.Review the condition of the property to determine if there is deferred maintenance.Review Yelp and Google for any tenant reviews to understand any issues residents might have with the property.

The IRS says it much more eloquently than me:https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions

Our Ins carrier will not allow them.I would also check for any non-grounded outlets to determine any re-wiring issues.

Just to be clear you need to look at the wear layer of the flooring not the thickness for determining durability when you buy it.