In the thread of a conversation, statements may be made that are fine within the context of the conversation, but may not reflect well or accurately when the snippet arises within a search engine or other index tool.There may also be information that I/we are happy to share with the BP community, but not necessarily with the Internet-at-large, especially any details about our specific properties or business practices and processes.

It has taken some fine-tuning of my profile but for me and my market, the leads have been an incredible source of revenue, especially since 2020.

If you do a good job picking tenants, you will be fine.

I am perfectly fine holding X amount in real estate.If I do see an opportunity another option is to lock it up and sell one of my existing if I think this property will perform or appreciate significantly more.

It works just fine if the operator knows what theyre doing and structures it correctly.

@Fumi Maher, I'm not from Austin but I will give you the advice I give those here in Utah (most of which should transfer just fine) Renting by the bedroom seems to bring in the best cashflow.

The town is encouraging home ownership, so buying a condo/single, living in it for a year plus and then renting out works fine here (what I did), whilst house hacking a multi is more complex.

Whatever you choose make sure to read the ENTIRE fine print of the policy.

@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.

The slow and steady approach is fine for this property but it feels like a waste to sit on a low performing asset and assuming rent increase is a strong enough lever to pull on for FI.