I have a tenant who lives in my very nice three bedroom unit whose lease provides a pet authorization for “one dog, one cat and one rabbit.”

We now invest in the Detroit market place where we have established a great team on the ground and are finding properties with great numbers.

Plus, they provide great opportunities for cash flow, especially if you’re looking to scale and reinvest profits into future properties.If you’d like to connect or chat more about strategies, deals, or even market insights, feel free to reach out.

If you control how they perform tasks, set their hours, or provide tools, they should likely be a W-2 employee, requiring you to withhold taxes and comply with payroll regulations.

@Nick Am Setting up a management S-Corp (LLC-B) to manage properties owned by your LLC (LLC-A) can provide tax benefits like retirement contributions, payroll tax optimization, and deductible expenses (e.g., home office, health insurance).

I started diving back into learning by reading the Real Estate Rookie and was hoping to put myself out there and find some like minded individuals that are in the beginning stages of their investing career as well.

You have provided a variety of situations where doing a cost segregation study would be useful.  

Vitaliy provided some great points about the pros and cons of single family verse multi-unit investing.

It is also very risky and has a lot of potholes that you can find in your first try. 

You can also find real estate investing groups through meetup.com, Facebook, or a Google search.