I have a son 2 years younger than your son… How did you go about moving your son along towards financial independence?  

Generally speaking solid insurance and a good umbrella policy will provide ample financial protection for most liabilities.

So creating all these funky financials is great, but if you are using those in a presentation that information should be in the PPM or an official document as if someone is making a decision based on that - it can come back to bite them.

When offers come in, prioritize pre-approved or cash buyers for a faster closing process, negotiating where needed to maximize your profit.Finally, conduct a post-sale analysis to evaluate your financials, noting how actual costs, timelines, and profits compared to your initial projections.

I am starting out newbie, have young kids, have been a homemaker, but now want to do more for the family financially while also being available for my family.

And make sure you have the financial resources to handle that. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

It is possible to buy too many too fast and put yourself in a financial hardship.Have you ever heard of a startup store that done real good and added another store that done good?

Most investors using baselane aren't accountants or financial advisors.Being able to edit Chart of Accounts, add or remove, is very useful.For instance, I have a client that owns rental properties and build construction homes.

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?