@David Robert - Based on what you're saying it sounds like certain sections of drywall/wall are better off coming out and replacing then trying to repair.

Not sure if that is the case for you or if you are worried about burnout but if not, I would continue making extra as a nurse which will help with getting you approved based on income for future homes. 

It’s a straightforward read without much fluff and breaks down different strategies based on your market.

And if this LLC structure is overkill than what are the alternatives?

Hi BP Community,I’m a multifamily investor based in NJ, transitioning from smaller multifamily units to 6+ unit properties.

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

Of course this all depends on YOU setting the base rate and all the knobs and triggers most appropriately.

I buy, add value, and build from the ground up.You are retired, and based on your picture, you are not old.

This way, if vacation rental management becomes too demanding or isn’t feasible, you have an alternative strategy in place.Make sure to confirm that the HOA or association allows rentals at all.

They seemed good, and looks like they have prior experience managing the building I’m buying (based off the leases that were submitted to me) but way to expensive to what I’m use to … $137 - $184 per door (over 10%) and then $750 per door for the maintenance reserve.