I found my vehicle to get to where I want to be.

I found my vehicle to get to where I want to be.

Owning a tax-sheltered asset in a tax-modified vehicle seems a little silly.I am a big fan of owning RE with "real money" rather than retirement funds.

If you qualify - this is really great vehicle. 

I know how these things go.So think about it  fully rehabbed 40k home.. that home has to be bought for 5 to 10k  because if you want a home that is rehabbed it needs at least 15 to 25k of work done to it .. so it does not eat you up in cap ex.. so lets say the company wants to make 10k  ( pretty common for house flippers) so the most they can be in the home is 30k  so you are buying the lowest of the low at wholesale values the worse of the worse areas.. and on the face these do not equate into long term steady cash flow vehicles. they just don't  they only are sold to those to new or naive to understand this won't work long term....

Remote leasing to someone who lives far away brings added risk precisely because you cannot enforce things.

A third party will force an additional layer of accountability and precision vs. one person doing it themselves.

Sorry Alex, I did not see your post until now (it's a busy week here ... as in most university towns).That is precisely how we handle individual rooms.  

I'm pretty new to this and I just want to make sure I understand the vehicles you're talking about.  

REI should be first and foremost a profit creation vehicle, not a charity or a social solution.