We decided I’d utilize an FHA loan to buy my first property.

But in reality you might just want to think about using a standard savings account And taking a hit from inflation on the cash because the delta from the higher interest account to the regular account is not really that much on small amounts.

Dealing with non-paying tenants in a state like Massachusetts, which has strong tenant protections, is no small task.

All that to say, I really like small multifamily for MTR.

In fact, getting ahead of it now while your business is small might enable you to grow faster so you're not scrambling to build these in the middle of the growth. 

Conventional 30 year loan.

We split mortgage and are both on the loan and title. 

There are DSCR lenders will allow only a single 20 or 25% owner of an LLC to sign a Personal Guarantee (other owners are not on the loan, or liable for the loan).

Im trained enough myself at this point in QBO, but my bookeeper still does the more complex entries (Loans, capital balances, reconciliation, etc) I just do the data entries for expenses. 

Here’s a breakdown of some top areas:Cash Flow-Friendly NeighborhoodsWest Charlotte: Known for affordability and strong rental yields, West Charlotte offers opportunities in single-family and small multi-family properties.Gastonia: Just outside of Charlotte, Gastonia is a great spot for investors seeking cash flow.