Then, he/she will be able to help you construct a plan that will enable you to reach your short-term goals and reap the benefits needed for the proceeds and resources that your long-term goals will require.

There are certainly benefits to having your license, but also a few negatives.  

Then, he/she will be able to help you construct a plan that will enable you to reach your short-term goals and reap the benefits needed for the proceeds and resources that your long-term goals will require.

I look forward to learning from your years of experience and hopefully being able to provide benefit to you one day as a wholesaler.

We have a number of renovations planned for the dental office space, which would benefit us much more if we owned the building as well.I mostly need to know what questions to be asking or critical information I may be missing, I don't want to buy something that ends up costing us money in the long run, just for the sake of being our own landlords. 

...And who said teachers don't get any good benefits?!

@Jon Holdman The mortgage company knew since they were handling my 203k rehab funds and was in direct contact with my contractor. we even filled out a mortgagors letter or completion the second it was finished. 

The K1 has all of the profit listed on line 1 as ordinary business income and does not seem to reflect long term cap gain tax benefits. 

Perhaps someone with experience could give some guidance.Deal facts:I own 2BR/2BA condo in San Diego, CA 92130Bought it in 2003 for $346k at the peak of the marketCurrent estimated value $400k - $420k Current loan balance $300kCurrent P&I payment $1745.53 at APR 5.25% - 30yr fixed (I know that 5.25% is way too high today)Annual tax - 4,450 ($370 mo) HOA - 285 (mo)Current rent - $1900I am about $600+ in the hole per month on this property and the only benefits i realize now are the potential long-term appreciation in value and tax write off in the form of annual depreciation and losses.Looking at several options now:1. 

Then, he/she will be able to help you construct a plan that will enable you to reach your short-term goals and reap the benefits needed for the proceeds and resources that your long-term goals will require.