Since this is my only property I do not mind and with my flexible schedule I am able to spend time doing this. 

Keep in mind the potential for higher renovation costs due to older properties and the local landlord-tenant laws.Good luck!

(Currently managing STRs and that’s taking up a lot of our time)* MFH vs SFH: We could consider a small apartment (20-30 units) but we are mindful of vacancy-risk of SFH and high-PM-cost of MFH.

My goal is to establish mutually beneficial relationships that enhance both their careers and mine.I look forward to connecting with like-minded individuals and teams passionate about success in real estate.

BP is a great place to definitely learn and connect with like-minded people. 

Keep in mind that only the "building basis" can be segregated and will benefit from accelerated depreciation.

Purchasing your first property can be nerve-racking so connecting with like minded individuals is a great start.

I look forward to connecting with like minded individuals and expanding my network within the real estate community!

Also, keep in mind that if you do form an LLC, you'll want to keep these under your EIN, not your SSN.Bank AccountCredit CardTitleLoanBookkeeping Ledger

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.