Imagine these older folk's financial planners did not plan on high inflation. 

Before that, it’s worth consulting a financial advisor to make sure you’re making the right call for your situation.

Your personal financial situation (tax records/bank statements and personal financial net worth statement)3.

I recommend learning a bit on how to read the financials, but find yourself a great Accountant to help you analyze the financials and tax returns to make sure things make sense and are proper. 

It's a great starter book for the financial foundations of real estate investing: https://store.biggerpockets.com/products/set-for-life-revise...I would also recommend Small and Mighty by Chad Carson: https://store.biggerpockets.com/products/small-and-mighty-re...Real Estate Rookie: https://store.biggerpockets.com/products/real-estate-rookieHouse Hacking: https://store.biggerpockets.com/products/the-house-hacking-s...

Hi @Jessica Howell,Transferring funds between LLCs and personal accounts requires careful tracking to maintain legal and financial integrity. 

Financial Management: Property managers provide detailed financial reports, handle rent collection, and manage operating expenses.

I would make sure you’re able to analyze deals, know market rents for similar properties (and see what you can do to outperform), and understand the costs of the deal from the financial side.

REI is a great thing to start to learn about so you are pursuing something with great long-term value, but you have to know that it's not a quick road to get out of the rat race.What financially free means to you could mean something different to someone else so usually what people are seeking is time freedom.

For those who have ventured into Co-Living, what strategies have you found most effective in ensuring both financial success and a strong sense of community?