You have to be 18, but you can typically find someone willing to hire you, pay for your license, and train you.

I sent them a certified letter that basically was the pay or quit form.

Need advice from investors who have done 6 months buyout of loan partnersScenarioInvest 50 k, loan partner invests 50 k , buy using DSCR in a LLC for STRAgreement using attorney is, pay 60 k to loan partner after 6 months and then LLC has only one member which is me and I control that propertyAnyone done this or a  variance of this?

Contractor is not paying enough time on our JV project, working on many other projects?

This combined with 1031 means I can sell and never pay the gains deferred in the 1031.- you or your spouse can qualify as RE professional and the limits the OP discussed do not apply- you can use the “STR loophole” (terrible name) to not have the limits the OP Discussed apply  - a derivative of the STR loophole that for lack of better name I will call the MTR loophole will let you provide amenities to not have the limit the OP discussed apply.I suspect there are many more.  

Pay attention to sales price and local sales stay away from new construction or anything recently remodeled.

I am house hacking paying about 500 to cover mortgage.  

Just be ready for the lender to order a foundation inspection report and appraisal - both you pay out of pocket. 

That is not to say that they will not pay a claim or will be dishonest.

Or did you pay cash like Dave?