We will be incorporating our Chicago Cashflow breakfast club intoDiscord.

If you add REIsimpli, that can cover your CRM, pipeline tracking, skip tracing, and dialing (their built-in dialer’s solid).

That is where the gap between theory and actual execution shows up fast.What you said about courses giving generalities instead of specifics is exactly why operators learn slower when they skip the reps.

What loans/programs to look at (this is key for single moms + first-time buyers)Because you’ll live in one unit, you have access to the best financing available:• FHA loan (3.5% down)Allows you to buy up to a 4-unit property and skip the self-sufficiency test if you buy a duplex or single-family.

If you operate this as bed and breakfast, then you can still do what STR does with MTR.

Bought a former bed & breakfast in a popular tourist spot which is essentially a 5-room motel with a manager’s unit.

@Arthur Luay For a near-term rental down payment, I’d skip Roth or Acorns and focus on a high-yield savings or money market account to keep funds liquid and avoid market risk.

It's a different ballgame now with returns depressed, but the reality of the business hasn't changed and there's not really any way to skip over that part without damaging your future returns by more than you're saving up front.

The Real-World DCR – Where the Money Actually GoesIn the real world, you don’t get to skip the costs of running a property.

Skipping that can cause compliance issues and make taxes feel heavier since nothing’s been withheld through payroll.You’re also right that the LLC can’t pay your personal taxes directly, but it can make owner distributions so you have the cash to cover them — just make sure they’re proportional to ownership.As for switching to a C-Corp, that usually leads to double taxation unless you’re planning to reinvest all profits back into the business.