My goal is to free up that line of credit so I can use it for short-term debt like flips and such.

Just curious... what’s your ultimate goal for that office space..are you looking to boost resale value, or is it more about having a functional retreat above the garage?

Goal is to have credit cards that you do not use more than 10% of.

It’s such a big leap of trust, and unfortunately, there are agents who don’t always live up to what you need in this process.An out-of-state investment can be daunting, and it’s so important to have someone in your corner who truly understands your financial goals and is committed to building a relationship beyond just getting to the closing table.

It won't take long for you to zero in on what’s most important to you and aligns with your goals.

Quote from @Jerry Zhang: I have a goal of getting 12 owner financing deals for 2025.I'm currently building a list of 1,000 multifamily agents to do monthly agent outreach to get off-market pocket listings with good creative financing terms.

Whether or not to set up an LLC for each property really depends on your goals and how much liability protection you want.

We've never actually had a tenant use it after reading the addendum (which was our goal), and I think it helps prevent problems when they understand the myriad issues involved in its use.  

PM companies are like business partners, so choose wisely!

I would not be doing long term financing on section 8 nor would I own any.. just my personal goals.