If neither I would want bank statements to show ability to pay rent

Adding the ability to run sensitivity analyses for ARV, rehab costs, or holding period can help flippers stress-test deals and make the tool valuable for regular use.

That’s how many investors start small and gradually scale into owning multiple properties, apartment buildings, or commercial spaces.Another key advantage is the ability to purchase through an LLC (Limited Liability Company).

Quote from @Sheguina Dravk: It depends on the situation, but self managing if something where you have the ability to learn from your mistakes and then take it from there!

Because know that their ability to advise you essentially goes away for the most part.

The ability to clone last month's transactions with revisions as needed.

The passive income and ability to provide a nice home for those who are unable to buy is exciting to us.What part of Louisiana are you located in?

But the B class duplex properties in my area (Springfield MO) are priced so they don't cash flow before they're paid off. in other words I have to cover $300-600/month for about 5 years (on a $250K+ properties).The reason I can pay off in 5 years is I have ability to pay large amounts against principal every month (from my regular job income), but I only have 82K for a down payment.Once it's paid off, the property would produce almost 1000$ net cash flow.Are these good numbers or do I need to do things differently?

That being said, the ability to use depreciation from a cost seg study to offset W-2 income hinges on either you or your spouse qualifying as a real estate professional (REPS), which you mentioned.

I graduated from Minnesota state Mankato with a bachelors degree in information technology.