Here are some tips that could potentially assist you along your path: Continue learning more by delving into books you enjoy reading and exploring podcasts and online courses related to real estate investment topics to expand your knowledge further!

If that is not the case and you will have to take time away from your other business, and potentially delay project completion, it seems best to use the GC for everything.

Here’s why lease options are a game-changer:🔹 Low Risk, High Leverage – Instead of buying a property outright, you lease it with the option to purchase later.

Sometimes it is very difficult to reconstruct your depreciation schedule without the help of your prior accountant but still potentially possible.

Quote from @Wale Lawal: @Paige GardnerYes, this strategy is possible, but it comes with risks that you need to manage carefully.

Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.

If you’re feeling uneasy about the potential headaches, you might consider a local property manager who specializes in room rentals or shared housing.

I am working to get all of the numbers straight and potentially extend or move to a new lender to push this through.  

The IRS may view this as a change in ownership, potentially disqualifying the exchange.

I plan on starting out next year with a small plug and play solution to have minimum risk.