Quote from @Aaron Arguelles: Thank you to everyone who commented on my initial post and gave me advice!

Meanwhile the property drops in value from the infighting and your initial down payment with equity can erode.Some looking at TIC's go DST instead.

Looking for a sponsor to help me with my initial couple deals. 

Paid $15k upfront to initiate the contract. 

I've done more research on multi-family than short-term rentals though, so I'm definitely looking to learn more about short-term rentals before deciding which I should focus on (at least initially).

That level of hands-on involvement gave me a lot of confidence in both the property and the team.Rent To Retirement made something that initially felt overwhelming much more approachable.

With Opportunity Funds as long as the investment is held for 10 years you get a step up in basis to the FMV at the time and the gains themselves on the fund itself if tax free. 5) You can cash out early at the 5 year mark and begin to see the initial 10% step up in basis.

This creates a negative initial position.

- 2019: initial capital contribution- 2020-2023: no distributions, no contributions, no data- 2024: beginning of the year capital balance of 35% of the initial, end of year balance of zero, non-recourse financing of 3 times of the initial capital, 1231 loss of 60% of the initial capital.Thank you

Can we buy initially as an individual and then re-buy as an LLC in 30 days if refinancing isn't an option (though not sure how we'll get our 100k this route)?