With the right tax strategy, you can maximize deductions and reduce liabilities, while having the right insurance and reserves in place will protect you from unexpected costs.By Implementing a quarterly financial review to assess performance and make adjustments to avoid cash shortfalls.

AND prices have come down a bit in the last few years.Get a good grip on your personal spending and CUT BACK on everything for a couple of years.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

If you are getting a loan no there is no way to protect yourself from crushing your credit or having a foreclosure against you if you are the borrower. 

I spend all my time finding acq wholesalers who have deals and connecting with buyers.

If you plan to invest in multiple states or require advanced asset protection, consult a CPA or attorney to explore options like a holding company structure.

I’m curious to get some data on what people are spending on water/sewage each month on their duplexes….As the owner, water/sewage are the utilities I expect to pay myself.

Long term I would like to continue to grow as a PM but also be able to spend time weekly or monthly with other departments to better understand their procedures, tasks, and how the department should be ran.

Or judge always protect tenant?

Is spending thousands on a sprinkler system worth it or do I have other options?