My accountant does have some experience with it and they basically set up the Chart of Accounts and transaction classes for me.  

The city is still continuing to develop, since they've only completed about 50% of the approved construction projects.

Our current goal/focus, however, is getting our first project with our own capital off the ground.

You will need to know some basic info about the property though.

While it doesn't allow for full tax deferral, it basically prompts you to pay taxes on the amount received each year.So essentially it prolongs your tax payments over the lifetime of installments you receive. 

I mentor someone I found on Biggerpockets for free because they had project management experience that was helpful to me in my business! 

Before I had my medical problems i had experience in construction management and real estate brokerage licensing so the basic learning was fairly easy.

Service members receive a basic allowance for housing (BAH,) that is commensurate with the location and their rank, as part of their compensation. 

If you have 110k into the house and get 1300 in rent then you meet it . 1% of purchase price of 110k is 1100 and you are over that .. but that’s kind of a basIc preliminary for a quick reference because now you start looking at expenses .

I was a little surprised how much the operating costs really are when I try and project what I'll need in 10 years to not have to pay out of pocket for big expenses plus the basic outflow (lawn, lic fees, termite inspections, insurance, taxes...)Here's my question, the property nets 1500 per month after I pull everything out.