Every Wall Street guy will tell you emotions make for poor decisions.

Because of this, they have changed their fee structure on me two times in the past two years2) They don't have back up cleaners so when the cleaner can't clean, they block off my calendar3) They do not have easily legible financial statements and do not provide 1099s 4) They have made decisions that have required my money without consent5) They block off check-ins on Sundays6) They are not great with technology - though they try to use hostfully to list on many platforms, I will frequently see that my listing is not up on VRBO for example.

@Manthan Patel Whether to use a property management company is truly a personal decision, so it comes down to you and how much you value your time, how much you want to be involved, etc.

The decision would be based on the income situation, so I'm not worried about violating fair housing laws.Lesson learned...

This decision has significantly improved my cash flow and allowed me to save money.

Also, I agree with your CPA's decision to not do a partnership with your wife; it really wouldn't change your probability of being audited.

The sooner you invest, the more time you have to benefit from compounding returns and property appreciation.Key Lesson #2: Leverage Financing Wisely Using my VA loan was one of the best financial decisions I made, but I didn’t fully understand the power of leveraging financing at first.

Toward the end of the due diligence period we received the final piece of critical info to make our decision: a lease agreement for a cell tower on the corner of the property.

Every business is unique, so the decision should be based on your specific needs and risk profile.Before making the switch, consult with your insurance broker to ensure that a program-based approach is right for you.

Good LuckTypically multifamily is 5 units or more and Single Families are 1-4 units, so I was confused, so thanks for the clarification  Actually, that part is only half true because there are additional criteria that need to be considered to be multifamily vs SFR, such as separate utilities, heating systems, how they are attached to one another (Vertically vs horizontally), etcan easy way to differentiate and communicate is to call it multifamily if it has more than 5 units. and Single family for 1-4 units or call it how it is duplexI own several duplexes that are considered single-family homes by the city.In the end, it is your decision on how to use it