There actually was a bill to extend it at 100% through 2025...this episode did a good job of breaking it down though I'm not sure if the final decision has been made yet.

You want to know "if I were to find an opportunity that will help you achieve your investment goals, would you invest, and how much would you invest?"

Any decent underwriter's job is to find out these sleights of hand.

Gives you an opportunity to back out of the contract if you're not able to find a buyer for it.

I found a large property that can be a great investment opportunity.

I'm "retired" and entering the business full-time, while my other partners are at various stages in their W-2 jobs.   

For context, as I have not left my day job so I am disqualified. 

Fingers crossed, I should be OK after selling it and be ready for another opportunity, but we shall see.Lessons Learned:1) Fully understanding the financing of the deal and be liquid BEYOND money down/closing costs.

I am currently in my first year of my W2 job (post graduation), and after a year of listening to Bigger Pockets, getting my real estate license, and allocating funds, I have finally decided to dive head first into my first investment.

(And even then, I'd argue most of my Airbnb clients manage their own short-term rentals in Colorado as well, even with full-time jobs.)