@TJ Brown the only reason to write off an expense is to deduct it from taxable income.Unless this is part of a corporation or LLC or some other entity that has income there is nothing to write it off against.

In self-development you learn to accept/love yourself, self-expression, and going for what you want in life.As a man with a disability and a minority in America I would have never gotten the courage to start a business, approach sellers, and invest in real estate without those many years in self development.

Before that, he worked for 12+ years in Corporate America (Hershey, Kraft) as a Sales and Marketing Executive.

My two cents is that we'll continue to see opportunities as mom and pop landlords continue to sell, consolidating more of the rental market in larger corporations.

Originally posted by @Luis Torrico:Hello,I am from so cal and looking to connect with people from Baltimore MD.Thank youWhat up playa welcome to the greatest city in America! 

I spent half of my career as a Mechanical Engineer and the other half in various IT roles (all for major corporations).After looking unsuccessfully for another W2 job for the first month, it became apparent to me that I really didn't want to report to someone else as the "boss" again, so I began exploring real estate investing as an option.

I think in America they need to do a better job at educating students about investing in their futures.

Christopher Russell, Even if you create a property management company you will be running into some issues where you pay yourself you will cause it to be subject to Social Security and Medicare.If you have another corporation that handles property management it may be beneficial provided you can deduct the expenses incurred by your rental activity (meaning they are not passive losses).

Now, if it was to pay and add the amounts as disbursed to the note, that is afforded by a standard deed of trust....Maybe I misunderstood....anyway,Yes, a third party servicer can save the day in many ways, escrowing deeds along with instructions is another good idea, since things do happen with individuals that do not generally happen with a corporate entity or trust

Been audited by FINRA a couple times and have several hours of my life spent in front of attorneys.There is a difference between a real estate attorney and a corporate attorney.