In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.

@Henry Clark is an expert on Storage development maybe he could give some pointers.

It also sits on 2 acres with separate buildings for animals and a nice storage shed.

At some point the House wins.To put it in Self storage terms, very similar to my C market comment above.

But this diversifies from just Self Storage.  

., warehouse, storage, and dozens more.What should I expect when first coming into the profession ?

It's 5 million gross before expenses and then you have endless calls and taking your time.I have a news flash for everyone.

Was asked in a DM what I thought about a specific Self Storage Syndication, so reposting here.Note:  We buy and develop Self Storage. 

However my wife does buy bikinis sight unseenHowever....that is about as far as I go in agreeing with youThe clients of Morris Invest have reported--Endless lies about the scope, state of completion of rehab, lack of accounting of rehab funds and flat out crappy work and in some cases no work at all done-Leases on properties that are vacant, supplementing the actually amount of rent without the clients knowledge in order to increase returns.