I save on property management fees, maintain control over tenant relations, and personally ensure things are done right.

Literally everyone is a RE coach or some type of finance expert (typically buying stocks/index funds some crypto) and they talk on and on about "contact me about how to be successful and free from your W2 job.

This setup allows me to maintain my current income while being physically present in Missouri to actively manage our real estate investments.My BRRRR Strategy:My goal is to identify single-family homes or small multi-family units that need some rehab work, ideally in neighborhoods with strong rental demand and growth potential.

Why This Matters: For investors in multi-family properties, especially in today's real estate market, maximizing tax savings is crucial for maintaining profitability.

On the other hand, keep in mind that there are costs associated with maintaining an LLC (such as the $800 annual franchise tax in California).2.

Maintain the absolute highest standards of appearance, cleanliness and service and families will be beating your door down.  

And speaking about retail, you also have other real world issues that can impact things: co-tenancy requirements, use restrictions, etc, that may not be an issue with the current tenant lineup, but can certainly impact your ability to fill vacancies or maintain occupancy as tenants roll.And to address what seem to be your follow-on questions for people: there is no exhaustive list.  

This helps address any issues immediately and keeps operations running smoothly.3) Attention to Detail: Beyond just surface cleaning, I look for cleaners who pay attention to the small details—things like checking for missing items, making sure coffee maker is clean, ensuring all amenities are stocked, and noticing any maintenance issues that might need attention.

Buy a dividend stock.

Especially if it an odd sized door that Home Depot or Lowe's doesn't carry in stock and requires a special order.