I will discuss with the owner.

My office is actually in the same building as my property management company and my employees constantly interact with their employees.

You'll find that many city/county employees may donate time and effort to clean ups, fix ups and renovations.

If you setup a registered fund, the company as one of the owners of the fund can market the product via you or an employee or you can higher a Broker/Dealer to market the fund which will cost you some money or both.

As for scraping and rebuilding, I discussed that very thing with my PM company and they said brand new buildings would rent for the same amount as the 1925 building so why go through the hassle!

And it can be many months from when the lis pendens is first filed until the sale.Wells Fargo won't discuss anything with you unless you have a written statement from the owner authorizing Wells to discuss the loan with you.

This is a topic that has been discussed in length here on BP.

If you are a high income W2 employee and want to start investing in RE.

The other aspect is while some deductions and strategies might be legal they GREATLY increase your chance of an audit.If the payoff is small then risking an increased audit for the small gain might not be worth it.You need to have this discussion with your tax professional.no legal advice

I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.I am looking for feedback from anyone that has gone from investing and managing their own properties as an after-work activity to doing it full time.