Before trying out for a pro team, ensure you enjoy playing the game, understand the rules, and have some talent for it.

Unfortunately, it's a numbers game.

I've personally been burnt badly on the no permit game so we are singing in the same choir! 

Game changer!

If the answer is NO - DON'T INVEST THEREFrom my experience and speaking with investors who have been in the game for a long time - their success comes down to: buying solid assests in solid areas, holding onto them for a good amount of time, taking care of them, and finding tenants who take care of their assets.

I need to step my game up :)

🏦To get to the point where you can avoid personal guarantees, you’ll need to build your business credit over time:Open trade lines in your business’s name (utilities, vendors, etc.).Make sure you’re reporting payments to business credit agencies like D&B.Keep your debt-to-income ratio low and maintain good cash flow.It doesn’t really matter if it’s an LLC or S-Corp—what matters most is establishing the business as a strong, creditworthy entity.But yeah, in the early stages, personal guarantees are almost unavoidable.

The University related events can make or break a full year, so you really have to capitalize on Graduation, Parents Weekend, and home football games.  

Also, what’s working for you these days to stay ahead of the game?

I like these areas as it has a good ratio of homeowners and renters and the neighborhood is already established