I understand that the IRS requires the properties be for investment, but since they were gifted, I'm not sure what they would look at to determine.   

Hi Will,Buying a long-term rental in a new build neighborhood can be a smart move.

To help refine the tool, I’m offering 7 days of free unlimited underwritings to anyone willing to test it and provide feedback on how it can be improved.If you're looking to speed up your deals and want to provide feedback, drop a comment or DM me for access!

We're doing a very large, all custom one... garage tear down + rebuild with addition & ADU.Total build is ~2,200 sq ft with half that being the ADU (above the garage/addition).

Im also a veteran where I have access to the home loan as well.

Currently just ran the numbers myself and I am getting 31.85% as well.

What jobs would be good for a real estate investing noobie with no experience other than being an agent or acquisitions?

Give me details and be granular.

If the partner with the credit score won't be participating in any of the other quadrants, then you could get the entire 75%.

For my first investment, I was thinking I could use my dad’s land that he owns with 3 septic tanks and 2 wells.