Unless you're filing the tax returns yourself (not possible to e-file a partnership return if not a preparer), then the cost is usually a large barrier for a lot of people as they're starting out.

If someone came to stay as an overnight guest for a weekend they were not concerned. if there were two people sharing a room on a regular basis that are not related then that would put you over the limit in a four-bedroom house. so you get four unrelated people in a four-bedroom house.

Most people like to see who they are communicating with on this site.  

I do have a local group and have spoken at length with a number of people more experienced than me.

I know we can have a lawyer draft up a quit claim deed to get her sister off of the deed, but I have head this is similar to when people transfer ownership to LLC and could pull up the due on sale clause?

The data help with the science part, but the art comes from your design vision and connections with people in market who can give you information about the areas where you are interested in investing.I have used a lot of tools, and right now I am using AirDNA and BNBCalc to get different data driven views on properties.  

I like this because it allows more honest discussions without people trying to push something. 

You can start as a passive investor, and look at alternative active strategies.

For context, I’ve been actively in the market for a small multifamily for about 7 months now.

Underwriting the file upfront on a TBD property is a good pro-active approach that will help the buyer for when they do identify the home they want.