But certain areas like mortgage lending are hurting, bad, and we are seeing areas of additional risk-taking to try to make additional $.

What can we realistically expect from a builder in terms of closing cost assistance and/or rate buy-down I would never buy a new build at full price and count on zero cash flow. there was a guy who bought one and it doesn't cash flow and he's counting on appreciation. you should at least look at multifamily and in addition look at building your own.

IN ADDITION once you do have the complaints in writing, section 'Disputes' in your agreement REQUIRES you to attempt to find a solution with the problem Tenant before escalating.

Do they charge any additional for placing a tenant like the first month's rent? 

@Kathy Kifer - I would add additional platforms: Airbnb and Zillow to get more traffic on your medium-term rental.

Also in addition to what @Lucas Carl said, have you looked into licensing requirements to be a PM for someone else?

My best deal was an 81% cash on cash return that does not include the appreciation of an additional $60-80k in the last 2 years or the cost seg that got me a $90k tax write off.

I think I am gathering here from the responses that we are safe to say as a GP we own the property as are the other sponsor, but for additional clarity, disclosing shares in some cases may help bolster tacit understanding of who does how much of what.

Hey Francisco,In terms of avoiding paying the capital gains tax, unless you have capital losses elsewhere to offset these gains by, there is not really a good way to avoid them.

Another thing I struggle with is that at one point the big house where my son grew up was 800K, and now its only 550k, so that's another issue I am having in addition to an emotional attachment to that house.