You can close in an LLC and avoid the loan being reported on your personal credit report.

You will need to build your CORE 4 when you get started which consists of having a great realtor, contractor, property manager, and attorney.

There is probably next to no one making consistently $1mm after taxes per year on this forum.    

I've found that using thia tool has significantly improved my communication with tenants and reduced the number of late rent payments.Finally, I appreciate the reporting functionality.

Transparency always wins.3)Make sure to have mattress and pillow protectors, top-notch cleaners that take pictures of every sheet as they lay it before guests get there, and consistent pest control.

If you need more features like automation and advanced reporting, the starter plan is $10.99 per user per month, and there’s an advanced plan at $24.99 per user per month for more complex needs.

The general accountant can help you with more than just tax reporting.

The key is staying consistent and networking with the right people (you’re already in the right place!).

@Archie BarrettJust wanted to say that there are MANY reasons to consider a DSCR loan vs a conventional loan, not ONLY if you do not qualify for a conventional loan due to DTI.Possible DSCR Benefits:Can do cash out refi prior to 1 year seasoning of the mortgageCan do cash out refi with no seasoning of ownership (with some lenders)Can do a loan with much less paperwork (this comes more into play every time you add a property)Can close on a DSCR loan directly in your LLCCan have your DSCR loan not report on credit (depending on the lender)DSCR loans can be cheaper than conventional loans for many credit scores and down payments.

Hiring a good property management company who's on top of things, or ensuring you or someone else you hire put aside additional time for property inspections on a more consistent basis.