Profits in excess of your shareholder wages are not subject to SE taxes.

If it 'fails' or would be excessively expensive to repair, you can just back out at that point and forfeit your EMD.

The ability to cross-collateralize helped fuel that growth. 

I agree with @Nathan Gesner that the migrant issue is fueling the fire on the affordable housing crisis, more people needing them has to drive scarcity. 

You may also be able to purchase excess coverage above that.3. regardless of how the property is insured, pay attention to the Loss or Rents or Business Income coverage to make sure the amount is adequate to cover the rents.  

I also know some folks that do get a job but will excessively spend their money which makes them just live day to day. 

By the end of this year you could be selling homes and have a much better income coming in to fuel your investment goals. 

You guys could also explore having her put your funds to work, if she has excess demand beyond her current stable of private funding sources

The worst that’s ever happened is getting stuck with an excessive water bill.

Here's a breakdown:Taxable Income Calculation:The portion of your rental income that surpasses the combined sum of depreciation and deductions contributes to your taxable income.Tax on Excess Rental Income:The excess rental income is subject to your regular income tax rates.