This is why I feel it's important to have multiple streams of income across multiple properties as it all balances out over time. 

It's great that you're balancing your passion for real estate with family time and outdoor adventures.

But ultimately, balance what works best for your finances and your life goals.Good luck with your decision!

But if asset protection is a key concern, it’s worth discussing further with your attorney to find a balance that works for you.This has no income tax impact.

We've been reading a few Real Estate Investing books and hoping to get some advises/guidance here.About us:- In our early 40's, primary residence is a SFH we purchased for 750K with 20% down, now value at 1.25 million, with mortgage balance of 425K (refinance to 15 years fixed 1.99% in September 2021).

It's hard to recover from a bad review when you only have a handful of good ones to balance it out.I hope this helps and good luck!

The city has a growing population, reasonable property taxes, and offers solid cash flow opportunities—especially with new construction duplexes.These are off-market deals that are designed to attract long-term tenants, and they offer a balance of immediate cash flow and long-term appreciation potential.

Bank and credit union loans are generally defined as “portfolio lenders,” or lenders that hold the loans on their balance sheets.

If you switch later, that is another set of problems.When entering a transaction is easy, but trying to balance, analysis reports is a challenge - Now is the time you need to take an accounting course - learn debits and credits and more.Pick and choose wisely.

However, DTI can be an issue, so depending on how you are funding the renovation, credit card balances will hinder.