Rent for a few years and convert to primary.Next Step/sHow do we shift while keeping AGI at lowest levels?

Happy to connect if you want to dive deeper! 

It’s great to hear you’re ready to take things to the next level in the residential space.

It was a split-level home with upstairs being a 3/2.5 and the bottom unit was a 2/2 "apartment".

That will change in 2H25 in a lot of markets.Expenses:  Leveling off and must be accepted as the new normal. 

Your mention of using GRM as a first pass and then diving deeper into cap rates and IRR is exactly how I’ve seen some of the sharpest investors I know operate.I had a buddy in Chicago who bought a four-unit last year in Pilsen.

Even including modest appreciation and equity pay down, the ROI is between 7% and 12% for a non passive holding (not good for an active holding)I can easily afford this level of negative, but do I want to?

Many of the level 1 trauma centers will likely have a need for travel nurses, but the need for travel healthcare professionals in hospitals changes based on many factors: temporary shortage of staff in a particular unit, budget, patient census, conversion to per diem instead of travel contracts, etc.

Quote from @Rud Sev: Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how preferred returns/cash flows are taxed, if at all, until the amount invested has been returned.

Quote from @Jacklyn Robins: Sorry, I clearly misunderstood your level of experience.