There will still be some involvement you will need in the deal.

@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.

I’ve looked at investments from the sidelines for a while and am ready to start actually getting involved.

Business debt involves cash flow and trying to get the best ROI, cash on cash return possible.

While I’ve been involved in much of the process, and I know Hawaii’s rules, regs and other intricacies well, I have never obtained investors, never signed contractsI and never opened escrow so I feel like I’ve been more of a spectator… I’m basically starting from scratch and I’m a bit nervous. 

If you're already that involved, it sounds like you're ready to take on more.I'm different than most.

It’s designed to capture all relevant details, including hours worked, descriptions of tasks, and the specific nature of the involvement.

Does changing my piping involving pretty much making me redo like a third or fourth of my renovations for bathroom and kitchen due to all the cuts they have to make or can really good plumbers just make minimal cuts into drywall, cabinets, etc.

Also it would mean I get a different tenant pool for example travel medical professionals, displaced people due to insurance claims, digital nomads, etc and I really want to expand my knowledge outside of long term tenants and challenge myself to have a diverse portfolio of real estate! 

My wife’s condo is now worth 300k+ and we are looking for a strategy to pull cash out for a new deal that involves potentially putting her condo in an LLC.Should we create an LLC and do a cash-out DSCR loan?