Very helpful John, and you are correct in saying I want more time - at least ownership of it.

Also, once you open and LLC and obtain an EIN, look into getting Buiness funding right away and use that money for coaching and what else, instead of your own money!!!

Thank you in advance.Tim and KristinaIf you decide to go the STR route to take advantage of the tax loophole, I highly recommend reaching out to John Bianchi and Taylor Jones with STR Search - they are experts in the space and have helped hundreds in your position.

Quote from @John Morgan: 14 of my tenants haven’t paid July rent yet.

They do offer a mentor and coaching program but there's no obligation to buy!

@John Underwood

I found a good answer to my question in a video by Coach Carson about How to Calculate the IRR.

I'm John Kemper from Sacramento, CA, passionate about real estate investing for 2024.

I also forgot to mention that Rent To Retirement Academy members get access to biweekly group coaching calls, our private Academy group, and biweekly presentations from industry experts. 

Quote from @John Underwood: have to draw a line in the sand somewhere.