I love the action I think that is a key component between the two types, I enjoy building the deal as small as my deals are as I am relatively new when compared to a lot of the top guys here.

Not the highlight-reel version.Not someone else’s version.Your version.For some people, a win is buying their first property.For others, it’s understanding financing, building savings, or finally feeling confident analyzing deals without second-guessing everything.I’ve seen too many beginners burn out because they set goals that sound impressive but don’t match where they’re starting from.The investors who make real progress aren’t the ones who sprint on Day 1.They’re the ones who define a clear, realistic win — and build toward it steadily.So if you’re just getting started this year, don’t overwhelm yourself today.Clarity beats intensity, especially at the beginning.For those starting out: what would make this year feel like a win for you by December?

Under this statute, a “residential mortgage” is defined as “a loan secured by real estate containing two or fewer residential units,” regardless of whether the property is owner-occupied or held for rental use.

As others have pointed out, a slumlord isn’t defined by the property itself.

In other situations, an easement is defined with permitted uses.

@Xavier Noel Ok your 1st step is defining this first analysis phase; what time constraint do you have to make a decision within. 

The study itself needs to be done by qualified engineers to meet IRS standards - CPAs can help interpret it but shouldn't be doing the actual component analysis.

Define your actual objective before acting.Ask yourself:Are you optimizing for cash flow replacement?

If a company has their act together with a well-trained staff and clearly defined roles, then their data is going to have some meaning to it.This forum is not about my company, but we've been mentioned a couple of times and here are your answers Doug.  

In most cases, the scope of service is clearly defined in the management agreement, which is reviewed and signed by both parties.