Account ClosedNice to see you participating in the forums ... and the small step forward of dropping one of your frequent {stuffed} keywords from your post.The handling of a squatter vs a tenant will undoubtedly differ with jurisdictions, so the ultimate advice is to consult your legal counsel on the matter.The crucial distinction - at least here - that that a squatter had no legal right to be at the premises and is essentially in trespass / illegal possession of the property.  

Hi Donavan,Multi-family properties are an extremely hot segment of the market at the moment.

I have some friends trying to convince me otherwise, with their success stories in that segment of rentals however. 

If these were two distinct projects, then you can start depreciating the first one in 2017.

However I don't think it's necessarily investing in the Warren Buffett sense of the word.I'm interested in if everyone thinks this is a distinction worth  making?

This is along the lines of another 'ninja in training' idea, but I may have heard of someone being an 'administrative consultant' for another, not a PM.There may be a few distinct things one cannot do without being licensed.

I would recommend you make short question summaries of your current situation and post them on Avvo for free (takes about 1-3 days for Lawyers to respond) and break your situation up into short segments that way you have multiple topics and various lawyers giving you their opinion.I work as a junior accountant I'm sure my co-workers (CPAs) won't mind answering a few questions.post your questions here and I'll get you some feedback.

So be clear on the distinction. 

@Evan Torrens I definitely wasn’t familiar with that segment of investing so thank u again for that insight.

That is an important distinction because you are pulling money out of the market to borrow it.