So many just think they can post on various social media platforms and build their biz, off the back of those that have already done it, not going to happen.

The transfer should be a credit to the bank account, but the debit should be to Loan Payable for the principal amount and interest, and the rest to insurance and taxes.The LLC is a disregarded entity for IRS purposes and uses the owner's Social Security number to report on Schedule E, page one.

@Casey HamptonI keep seeing a guy named Tom Cruz (not the actor Tom Cruise LOL) popping up on social media promoting his Section 8 course.

He buys social media engagement to push his products.

Now, onto the million-dollar question: How does one embark on a real estate journey with pockets as empty as my social calendar on a Saturday night?

You need to have the property marketed everywhere possible including the MLS, social media, and the other 50 websites you are neglecting, Zillow and Apartments are the only place tenants look.

Some ideas: posting on forums; reach out to your network; college campuses; business relocation sites; and yes, social media :) Use a good screening procedure to weed out unqualified applicants.

Any kind of remote work would be an option: Virtual assisting, social media management, website design, etc.

I was shocked when I recently got into real estate and found that there weren't too many social groups available.  

I now have the EMD lender blowing up my phone saying he needs to get paid and if I dont pay him by a certain period or pay more money due to the length its been he is going to "blast" me on his social media and stating he is the "last person I want to mess with", is this allowed?