It's definitely a people business and while there will be many bad apples out there my goal is to find the few good ones and work with them exclusively!

We focus almost exclusively on holding non-performing loans, but we also own an NMLS-Licensed mortgage company that originates loans.

Plus, I'm getting my adult kids into the house hacking.

Worst case get a double security deposit, a higher rent/guest/occupany fee, and make the SSN holder the sole applicant and the other adult as a guest.  

Umbrella insurance which is an extension of your General Liability coverage will defend and cover any damages so long as the triggering event is not an exclusion in coverage (gross negligence (sometimes mere negligence), willful misconduct, fraud/misrepresentation, illegal use are common exclusions in property GL policies. 

So if both sides are about the same size, roughly half of your gain could be deferred, and the other half would be taxable since it’s for personal use.Later on, if you hold the property for a while and eventually convert the whole thing to your primary home, you might be able to combine the 1031 rules with the home sale exclusion under Section 121, but that takes careful timing and planning.It’s definitely worth mapping out before you sell so you don’t miss any opportunities.

In SummaryKansas City stands out because it offers:-Steady population growth, fueling housing demand-Diverse economy with booming logistics, tech, healthcare, finance-Strong appreciation—6–8% annually, 5-year trajectory-Affordable rents that still rise reliably-Low risk environment and landlord-friendly regulations-Substantially lower real estate prices than coastal metros-Game-changing developments across entertainment, tech, and corporate investment Being a newer agent working exclusively with investors in the KC market, I appreciate posts like this.

They may charge you (at your age, I would not suggest paying for a mentor), or they may expect you to work for them for little or no money...if they expect you to work for them, they usually will want you to bring some proven experience and skills to the table that will benefit them--but at 19, most people don't have much experience to offer (that's not your fault, it's just an inherent part of being a young adult)....but don't worry, because even if you could find a mentor right now, a mentor might not even be the best use of your time at this stage...In some cases, a mentor might actually get in the way of your success (especially if your mentor isn't well-matched to your style, interests, goals, etc).

Over time, that house has filled up with five working adults, which caused the rent to increase quite a bit.

Without significant apprection that could allow some extraction of value, the negative cash flow on some of these purchases at some point will go through most newbies reserves forcing a sale,   They are adults and made adult decisions and took adult risks.