You can learn a lot about the court systems very quickly!

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

There are loopholes in tax laws but the entire system isn't a loophole.Again, here is the definition - Loophole- A way of avoiding or escaping a cost or legal burden that would otherwise apply by means of an omission or ambiguity in the wording of a contract or law.

It was easy to file a small claims suit against the person using the online tools available from the court system.

It would take you approximately 11 years (not factoring in rent appreciation) plus that doesn't factor all the systems you mentioned that need replacement.

Buildium is a nice middle ground and can bring a lot of organization if you don't have a robust bookkeeping system.

There’s also the added pressure of not wanting to lose out on a property, which makes it harder to justify putting up serious money before going under contract.On the other hand, if such a system were standard, it might push sellers to be more transparent from the start, so buyers know exactly what they’re walking into.

We just installed an AI text & dialing system which can handle real phone conversations and book meetings into a calendar.

If you're hoping to be a co-GP and learn to both operate and raise capital then I think investing money in a good education system is probably money well spent.  

I'm probably an  anomaly here, but here's my general system: Tenants pay all utilities.