Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

There’s a whole lot more thinking necessary than just stumbling across a YouTube video and being enticed by a change in lifestyle dream.  

hire a CPA and let them worry about ita lot of this is covered in Youtube videos and other BP threadshappy to help with any other questions you have - feel free to respond or PM me. 

Instead, I recommend you engage a local financial advisor who will help you with your whole life situation.

Very helpful and engaging. 

We have been doing our homework, educating ourselves by reading books and watching educational videos online about how to better structure a company/ies for real estate investing.

It's interesting that many of these VC-backed PMC's, despite having 10k+ properties under management, aren't doing well financially - one of them just merged with another industry-related company also not doing well.Just for fun, here's a partial list of PMC expenses that owners pretend don't exist:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Business income tax preparation and paymentsStaff payroll & payroll taxes Time Tasks: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why something is taking so long, and more & more & more...OBSERVATION: many owners only want to pay a flat fee or 50% of a month of rent as a leasing fee - without realizing the repercussions. 

I’m looking forward to engaging with this community and learning from your experiences. 

Now of course I have heard some of terms and lingo being thrown around by friends, family, and now the podcast, but I still wouldn't even attempt to engage in any of these forum posts due to my lack of knowledge.

Be sure to dig around, read, learn, ask questions, and engage with others.