For the med students, this should be a lesson as they are going to be dealing with patients who they may not like or agree with their choice, but they have to care for them all the same. 

Sometimes younger low volume agents re more open to sharing pocket listings.Leverage the internet to contact as many wholesalers as possible.You may even want to advertise for Acquisitions, depending on your business plan.Don't feel pressured to buy...vet all "deals" & operators carefully & trust your own underwriting.Your B1 license could be very beneficial for structural value add prospects.

I would be patient to find that rare good RE investment and if does not happen, I would be content with the return from my choice where to keep the money.I do want to mention the risk of jumping into any investment in a large chunk.  

Local bank might be beneficial if it is a very specific scenario (I.E.

QuickBooks seems like an obvious choice however we use owner Rez for our property management integration software.

Once you lock that in, everything else (furnishing, pricing, even platform choice) becomes easier.👉 Curious — what’s the biggest challenge you faced when setting up your first MTR?

It has been beneficial for me to know the areas, local players and be able to see subtle changes in neighborhood.

If your sisters were truly co-owners for years, their portion’s gain/loss will likely be different from yours — but if their names were only added for estate planning and your parents still retained beneficial ownership, all of you might qualify for the step-up.Long story short: the IRS cares about ownership intent, not just whose name was on the paper — and that distinction can make a big difference here.

I think its most beneficial for groups that have hit a certain level of units managed as well.

Please note that depreciation recapture on the building that's sold will need to be picked up in year one on their tax returnAlso - it's beneficial for sellers looking for an income stream as opposed to having one lump sum of cash.