That money could instead end up in my pocket, opening up a lot more space for cash flow, and allowing me to put more money into more investments.I am going to hold the property for 10-15 years anyway, and unless I'm really bad at homework, the property is going to double in value during that time, allowing me to easily pay off the loan. 

Prioritize comfort in mattresses, a solid sofa, and durable dining seating - those impact guest reviews the most.To save, I mix sources: Marketplace for sturdy secondhand, IKEA for accents, outlets for big-ticket discounts, and Amazon/HomeGoods for finishing touches.

If you are not building/rehabbing in locations that can easily absorb today’s construction costs, focus on assets where operational tweaks can generate revenue.

If you personally are the borrower, then the LLC is easily pierceable since the owner of the property, and the borrower are 2 different individuals.Additionally, make sure the insurance is in the name of the LLC.

You can easily tag each transaction using categories that synch to your Schedule E for tax time.

That money could instead end up in my pocket, opening up a lot more space for cash flow, and allowing me to put more money into more investments.I am going to hold the property for 10-15 years anyway, and unless I'm really bad at homework, the property is going to double in value during that time, allowing me to easily pay off the loan.

House hack easily.

I always recommend we carry liability protection that at least matches the value of the assets that any lawyer can easily find to ensure that the insurance policy is the first line of defense rather than liquidate assets to pay for a settlement.Of course, if you can separate the ownership, it becomes more complicated and harder to "pierce the corporate veil" to drag other assets you manage into the mix.

Hi Case,We have recurring work orders in our PM system (Appfolio) for yard work, usually every 2 weeks in summer, and we require photos (preferably before/after) for every job so we can easily confirm what's been done.

The units are currently renting for $700 each, but both the seller’s agent and my agent believe they could easily rent for $1,200 per unit.