It is for all stages of business including Start Ups, if you’re In the Growth and Development stage, and even if you’re winding down and working towards selling/retiring.

Unless you own the house cash, in addition to the advice you've received, you can't just transfer a house from personal to an LLC without risking the option of the loan being called since the LLC does not have two years of tax returns.For new investors without cash to buy, LLCs are about the biggest cause of analysis paralysis out there.

is it common to have staging ?

This is my first attempt at running an analysis of a Duplex I am thinking of purchasing for BRRRR.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

To properly renew a lease with a tenant, several tasks SHOULD be done:1) Evaluate the property to make sure tenant is taking care of it and you want them to stay.2) Do a market analysis of rental rates.3) Determine target rental increase amount4) We present all this to the tenant, as we assume they're looking at rental rates on Zillow, etc.5) We then ask the tenant what adjustment they think is fair and then negotiate rent amount and lease term (we always try to go for 2 years).6) New lease sent electronically to sign.All of this takes time, hence a Renewal Fee.

While your analysis shows promising projections, there are several critical factors to consider:Tax Implications and PenaltiesWithdrawing from your retirement accounts at age 40 would result in significant losses due to penalties and taxes.

Just make sure to do a thorough market analysis to ensure demand.Lastly, definitely sit down with a savvy RE CPA who understands the ins and outs of real estate investing.

The analysis should only tell you if a deal makes sense, not where to buy.

I see there are many free options but I am interested in artificial intelligence capabilities which require a paid service at this stage.