Real estate is not easy, but it sure is rewarding if you can pull yourself up by the bootstraps and get creative. 

If it is manager by a property manager you cannot get those tax benefits.

Also, how would a GP overcome this objection (or fear from an LP) of being burned by another "passive investment"?

Originally posted by @Miguel Ángel:So basically it’s a monopoly.

Maybe it differs by zipcode, I’m not sure.

You find out what the existing purchase was and multiply by 25% (has to be over $144K)Example: Home bought 2 years ago for $325KEntitlement used/ Entitlement Gurantee = $325K * 25% = $812502.

San Marcos is known for its college town vibe, potentially offering a broader rental market and the size of this one could be a good student rental.

You may not find huge tax benefits by putting your properties into a corporation - Though there are risk benefits.2.

Are you referring to the Market Finder tool or the classifieds section where you can post asks and offers for real estate services?

You could be making real money by investing wisely.Also, I wouldn't be sure that Cali will always appreciate at the rate that it typically has.