The new reporting deadlines are detailed below, according to the official notice on FinCEN's website:• Existing companies (formed before January 1, 2024) have until January 13, 2025, to fulfill their BOI reporting obligations.• Reporting companies created/registered on or after September 4, 2024—that previously had a filing deadline between December 3, 2024 and December 23, 2024—have until January 13, 2025, to file their initial BOI reports.• Reporting companies created/registered on or after December 3, 2024 and on or before December 23, 2024, have an additional 21 days from their original filing deadline to file their initial BOI reports FinCEN.• Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025.

I know, sorta defeats the purpose of an LLC from a financial perspective, but gets the job done.

If you have not yet, try building your financial model with this in mind.  

How long it takes to be financially ready is different for everyone.

It wasn't just a financial decision, I'm passionate about RE and way over my previous career in aviation.

While both involve finding and properly securing a site and bringing it to full entitlement, the ground-up process includes the land piece but gets way more involved and complex to execute.The full "Monty" for ground-up development needs to include financial literacy, an explanation of metrics, and how they work.

Your plan to house-hack and reinvest is solid stay focused on properties that align with your financial goals, and you’ll build a successful portfolio over time.

Starting out in Section 8 housing may be a rewarding experience both financially and socially.Good luck!

Sounds like you are in a pretty strong financial position.

They can provide valuable insights.Run the Numbers: Create detailed financial projections for each property you're considering.