We are newbies to real estate investing and have been reading, searching, going to meetings to find out more about real estate.

We are utilizing a number of different mediums in our business currently, I was just curious to see what others are doing at the moment and what the returns are. 

However, I keep hearing that we are about to have another financial crisis....so I'm not sure if that is the best route. 

The issue are presented with right now is we are going in on a property 50/50 with my parents.

We are going 50/50 with my parents who also don't have a second home.

I do not know the normal wear and tear time frame for carpeting in the bedrooms and stairs?

I do not know the normal wear and tear time frame for carpeting in the bedrooms and stairs?

We are seeing more new investors in our market buying right up to ARV. 

We are purchasing a SFH in a NEW resort in the Orlando Disney area.

@Matt Fore Yes it does have to be capital gain although there is some language that just references "gains" so we are waiting on additional guidance as to whether ordinary gains would qualify.I think the reason capital gains need to be invested into the funds instead of straight cash is that by recognizing a capital gain you are selling something which promotes economic activity (selling stocks, businesses, real estate, etc.)