It wasn't critical at all in my decision. 

You just want to confirm your new LLC: WILL be a disregarded entity and it WILL NOT be filing its own taxes.Then you are set.

Rank everything by how much you like/dislike doing it and how much time it takes you.

It has taken four months.Unfortunately, when probate is involved, the process can absolutely drag out.

Hey all,My name is Tony, I'm 35, just started actively pursuing financial independence and have been really hammering away at learning everything I can.

I also recommend you start looking for a professional property manager, at least until you educate yourself enough to run this solo.

Landlords can easily do it without a mortgage but they are taking a huge risk.

I don't mean to be negative and obviously, you are going to do what you want to do, but to put it in perspective, I bought one of my 1st properties in 1990 (at a peak), and sold at a significant loss in 1997, due to specific circumstances.

Didn't she have a plan when she bought it?

Sorry for the tough love, but not buying the above.You & your wife's salaries should cover your expenses, while the income from your remodeling gigs should be saved.Recommend you review EVERY dollar you made and what you spent it on in 2024.