That and the fact that you don't receive a salary.Maybe you can work as an admin for a realtor and make some extra money that way.

Appraisers and DSCR lenders usually won’t count the extra square footage, so your ARV and loan numbers need to be based only on the permitted GLA.

I am very determined and eager to get started if anyone has any advice or ways to get started whether that's with reaching out to hard money lenders, making sure I'm doing my data correct, etc.

From the tax side, there’s no extra benefit for “one LLC per property” versus grouping them, but there may be higher annual fees and filings depending on your state.A lot of landlords stick with keeping title personally, run the rental income through an LLC for contracts, and then use a solid umbrella insurance policy.

It provides detailed investment data like rental yield, cash flow projections, ROI, and even one- to five-year forecasts.

As many of you know, finding a condo building that permits short-term rentals in Chicago is extremely challenging due to HOA and city restrictions.I just pulled data on a handful of active condo listings where the buildings explicitly allow short-term/Airbnb rentals.

If you’re unsure about your city, it might be time to learn more about pro-tenant vs. pro-owner legislation and which states align with your goals.Or, if you’re not tied to a specific market, consider looking where strong support networks and experienced deal teams already operate—sometimes, proximity to expertise beats proximity to home.This is Post 1 of 24 in the “8 Weeks to Clarity” Real Estate Strategy Series.Stay tuned for the next post—where we’ll explore how your buy box evolves with data and real-world feedback.

@Waruna Yapa, like @Shelli Behrens said, I'd recommend QuickBooks Online as your "master" accounting platform that compiles all data from all different sources.

Today, I’m especially focused on housing innovation—particularly ADUs, where design, data, and policy intersect to meet urgent housing needs.Earlier in my career, I trained as a chef and rose through the ranks in high-pressure kitchens, where I developed creativity, precision, and leadership under pressure.

All the data you have is good.