Eliminate debt, establish a budget, and save.

Being consistent is essential for establishing a successful thought leadership empire.

An LLC can help protect your personal assets by limiting liability, and it also allows you to establish business credit early, which can be useful as you scale your portfolio.

Establish a solid reserve fund (3-6 months of rent) to cover unexpected expenses or vacancies, which are inevitable over time.Make sure you're well-versed in local landlord-tenant laws to avoid legal complications.

The small market size and relationship-based transactions make it difficult for new or smaller players to participate, which aligns with the earlier observation about the lack of services for individual investors.Overall, this market seems to present challenges for growth or democratization, as its current structure favors established, well-connected players with significant capital.

I'm still not 100% what the advantages to that are anyways, even on a 2-4 units but I still have a lot to learn.So what percentage would you tack on to your fund raising to cover taxes, insurance, and upgrades?

Ottawa Hills: This is one of the higher-end areas in Toledo with excellent schools and a more established market.

Now if the entire block is well established in a super solid area and it just so happens to be this situation then I would move on to my next criteria - the property itself. 

The second series was just established at the beginning of January and after going through all the steps, FCB stated they weren’t comfortable with the series and did an exception for us the the first time.

Have you established your overall goals yet?