We've always been law-adjacent in property management, but we are finding ourselves sliding closer and closer to the law and having to defend our landlord clients against frivolous suits at every turn, not to mention we have to constantly re-learn landlord tenant law with all the ins and outs of new legislation. 

I can see a scenario where we slide into an AI-bubble (stock market) triggered recession, see unemployment go up, home prices go sideways for a couple years, mortage rates go down to around 5%, inflation keeps driving wages up and you take it all together - takes the edge off affordability.Milwaukee is seeing yet another year at a little over 7% appreciation - in a couple years we will have caught up to the national average.

Grateful in advance for any help this fine community can offer!

I've not had to think too much about this myself so any advice is helpful.Thanks in advance!

Thanks in advance!  

Also in the state of New Jersey, I have been creating my own operating agreements, I just want to confirm that I am doing the right thing.Thanks in advance As other people already mentioned, you most likely will not reduce your taxes at all with LLCs if you are planning to merely hold rental properties.

Thank you in advance for any feedback and help! 

Hello all, and thank you in advance for your time and feedback.

There's plenty of free deal analysis tools, and some advanced digital tools at a low cost.AI becomes more helpful in this area drafting multiple scenarios to maximize profit, minimize risk, and suggest the best risk/reward strategies.Taking it to the next level, AI takes local and macro market trends to expand on the financial modeling.For multifamily & commercial, there's a lot more that AI can do to model predictions and performance that investors would pay a premium for.

Thanks in advance. talk to the second and see if you can get more time to pay it off because its underwater, if you want to keep the home.