Here are a few tips to get started:- **Start Small**: If the thought of a big project is overwhelming, start with a smaller property or a single-family home.

Its a bit overwhelming to begin this process, but I know there is a wealth of information and resources with BP.

Financial freedom requires a passive income that meets three requirements:Your income outpaces inflation: Inflation continually erodes the purchasing power of a fixed amount of money.

It has separate power (zoned commercial) and the rate I pay is cheaper than the main house. 

But cash flow is not the real super power of real estate.

The investment is the down payment plus the closing costs: 40,500+5500= 46,000.ROI = 4297/46000 = 9.3%GPT doesn't understand the power of leverage?

She has very little experience with just a handful of properties, and I recently learned she has someone else assisting her because she's overwhelmed.

Timeframe, legal considerations, and best practices going forward of course vary by jurisdiction.You can't count on believing that the family member doesn't already have utilities under their name or similar arrangement that will keep the power on for them.

This way, we can reimburse them for the power we use each month.Please let me know what the best and/or easiest way to handle this would be.Thank you.https://www.amazon.com/DAE-DEM730P-Electric-Submeter-Interna...https://www.amazon.com/Pass-through-Rail-Volts-energy-meter/...

I would say yes because it ultimately effects the borrowers DTI which raises or lowers their purchasing power