I'm leaning towards long-term rentals (LTR) but am also eager to dive into fix-and-flip projects to generate quick capital.I'm deeply committed to achieving financial freedom through passive income, and I believe real estate is the perfect avenue to reach this goal.

Here's why:Future Cash Flow: Once your debt is paid off in three years, you’ll have a solid cash-flowing asset that can provide ongoing income.Asset Growth: Property values, especially near a university, tend to appreciate over time.Debt Reduction: You can leverage the rental income to pay off your debt, essentially using your investment to achieve financial freedom.However, personal comfort and risk tolerance play significant roles.

In many cases a simple LLC with an operating agreement can handle what you are trying to achieve.

(Roughly same number of bedrooms, same style, same look, etc.)

Is there any other legally binding agreement that could be used to achieve this without having to file for a new LLC or partnership thus creating a whole new set of paperwork and fees?  

Despite these, the successful sale at $350,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in achieving quick and profitable outcomes with Partner Driven.

It all depends on your goals, the number of properties you want to acquire, and how you can build an efficient process that maximizes your working capital to achieve those goals.

But we've experienced a huge change in underwriting for non-qm style products, and anything over 5 units is severely delayed. 

Advice is best received from those that truly understand your goals and from those that have accomplished something similar to what you want to achieve.

They will go above and beyond to help to achieve your realistic goals.