Having worked in a W-2 environment for the last 20 years, I've now had my eyes opened to the incredible wealth building power of residential rentals versus the "quick fix" and subsequent tax bills from the land deals I've been doing. 

I focus on low-moderate income residential and have seen a huge increase in value across our holdings over the past 3-5 years, so we wrestle with selling all the time. 

There's probably a benefit to being an early adopter in that you take care of it before everyone else "has to" do it, but if you're too early then the infrastructure/products/know-how isn't there as much so you pay more than if you wait until demand is more widespread.Most folks I know, including myself, are taking a "wait and see" approach at the moment, but obviously folks that owner occupy might act earlier especially since it could benefit them personally.Now is a good time to recommend RISE Engineering, which does free energy audits of residential properties and then reduced-cost work if you do decide to implement some/all of their suggested improvements.My understanding is that it's free for the audit and reduced-cost for the work, because they get funded partly from charges everyone already pays on their electric/energy bills - i.e., it's subsidized by a tax we're already paying.

While the ownership and deed is in both of our names, the five residential loans that we have are all in my name.

It's kind of the same as unpaid rent on a long term residential rental. 

If you are buying small residential properties with good insurance and you do not have large assets for someone to try to sue you for, I do not see a big issues either way. 

This can be more difficult to work with depending on the size & locations of your brokerage, however, with eXp Realty, it's easy as we have remote offices and so our service areas are seemingly borderless! 

Try the mogul realty team.

Timing is Everything with Real Estate….both Residential and Investment.

Much like what the city just did so too will the county.At their September 28 Regular Meeting, the Alachua County Commission discussed their draft Residential Rental Permit ordinance, which has a proposed effective date of March 1, 2022.