One thing I did was create templates for different types of investments, stocks, crypto, so I can quickly update them without creating new docs from scratch each time.If you're open to trying something new, I’ve also used Excel, especially with its built-in templates for tracking finances.

Run the numbers, but if the 1960s home hasn't been maintained, you may have some expensive repairs coming up. 

Quote from @John Mason: See if you can find time to fly to meetups in hot markets too I am trying to find my first one something closer where I live so it's easy maintain, but I ll keep in my mind. thank you.

According to people who study the stock market, there is a common theme, "buy the rumor, sell the news."

To thrive in real estate investing, you must maintain a firm grip on your finances.

Next, maintain professional boundaries with clear communication and a strong lease agreement to set expectations upfront.Proactive maintenance is essential.

Moreover it will make it nearly impossible to grab a better investment as forking over nearly 10k/year in cash makes adding to your portfolio (stocks, bonds, real estate) nearly impossible unless you make very good wages.If it's inclusive of all expected expenses, you're in a good position and you should probably hold on to it. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I am also targeting small multi-family properties starting out.I understand your point on the costs associated with purchasing, renovating, and maintaining properties.

Proper underwriting and due diligence (DD) processes are essential to ensure that projects maintain a strong risk profile while still delivering attractive returns.