While we can find some elements of real estate investing frustrating too--this new law, the one that says we can´t require electronic payments, the high property taxes, etc.

We made numerous improvements to the property, both outside and inside.

Experience in numerous areas is key.

The tax implications could vary for numerous reasons.

This allows them to defer taxes on rental income and capital gains until retirement, and it can be a great way to build wealth and secure a steady stream of income in retirement.In conclusion, the perks of tax shelter with investment property are numerous, and they can help investors reduce their tax burden and increase their overall profitability.

. - 6.62 acres- Backs up to 1,000+ acres of public land- Close to casinos, Traverse City downtown, numerous fresh water lakes What made you interested in investing in this type of deal?

Since you are focused on buy and hold, I added the below links to refresh your memory as you ponder your next purchase.https://www.biggerpockets.com/renewsblog/2015/05/26/real-estate-financing/ (RE financing)https://www.biggerpockets.com/renewsblog/2015/03/27/financing-options-rental-property-guide/ (financing options for rentals)https://www.biggerpockets.com/renewsblog/2014/03/06/bp-podcast-060-serge-shukhat/ (0-68 rentals in 4 years) https://www.biggerpockets.com/renewsblog/2014/08/02/passive-real-estate-investing/ (slowly building wealth through passive investing)https://www.biggerpockets.com/renewsblog/2015/09/30/bought-rehabbed-rented-refinanced-14-properties/ (BRRRR explained)http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)To be more successful, you simply have to work on the other elements to progress your REI pursuit.

The sole purpose of the entity that is the Association is to maintain, protect, and preserve ALL of the common and limited common elements.

It’s just disappointing that it won’t be at the amount I initially used in my calculation, and it won’t be for another 2-3 years.Conclusion:This was a brief overview of the numerous mistakes that I made in my first real estate deal.

You can't use a bank for that kind of stuff but you can have a "fund" or for the numerous small purchases use individual funds on each place.If it was all his cash I have a very hard time believing he aquired almost $6M cash just by saving money from his job and buying his investments with what was left over.