Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

I’d appreciate any guidance or tips to get started on the right path.

This owner found a free lease template online that provided very little landlord protections. 

Everything looks great and a year later that employer goes out of business or lays everyone off? 

The rules are more complex than we can fully explain in an online forum.

Beg family and friends to fund it for you.They "might" do it if they see you've learned a lot and your business plan sounds very solid.How do I know this "might" work?

Hi @Tyler Bolton I hope I can help clarify given I see a lot of muddled points of view on these matters online.  

Holding company typically if you have multiple companies like a property manager, own property and other businesses. you will end up spending more per year on accounting and state stuff than what you make on your rentals. 

View it as a business expense like you do the mortgage. 

No.But you do see their website online, right?