With $1mm cash we can do 3 locations netting $40,000 before income tax per month.  

If the deal is in a good area, well taken care of, generates income, and will attract good tenants then i wouldnt worry about anything else.

I am seeking recommendations on how to network with investors and find those who may be interested in coming on as a joint venture/partner.

The tax savings could be larger than the regular income. 

@Karen Margrave Im still interested in coming to the meetups that you were organizing.

If you’re holding onto tasks that someone else could do better, faster, and cheaper, you’re limiting your income potential.Discussion: What’s One Area of Your Real Estate Business You Need to Let Go of?

Once in service, expenses become deductible, reducing taxable rental income.This post does not create a CPA-Client relationship.

Thanks any input If the seller is pushing financing, they likely want steady income without a big tax hit.

If not, the income won't be considered. 1.

One time I had to use my knowledge and testing practices after a job, and that was because it was a HUD inspired low income grant job for a homeowner.