Please be careful with your posts.

But what made me think about it for you as I read your post is the LULA feature. 

Money now is very good because you are new and ready to do all the work, but the examples you'll hear about are people posting on BP saying, "well, I did all the work and they got a lot or most of the profit." 

Please keep us posted on your adventure.DJ Larsen

Install cameras around the parameter of the property today; post no trespass signs; change your for rent listing. 

Quote from @Dennis Bragg: Hi Sino,I saw your post and thought I’d echo what others have said about Dominique Leal.

Net post-mortgage: $52,392/year.

Explore multifamily or out-of-state investments for higher yields.Setting up an LLC provides liability protection but has no tax benefit for you now.This post does not create a CPA-Client relationship.

Combining HELOC and private funding is also viable.This post does not create a CPA-Client relationship.

Legal and ethical implications: Agents engaging in such practices may face:Legal consequencesLicensing penaltiesEthical violationsThese actions ultimately harm consumers by restricting options and potentially inflating costs.The new system, allowing buyers and their agents to negotiate commissions directly, promotes transparency and fair competition.