While I’m still in the early stages, I’m incredibly motivated to learn, grow, and surround myself with like-minded individuals who can help guide me along the way.What drew me to real estate is that I saw it as the best route for me and family to have financial freedom.

I agree with Miguel, build your system, then hire a virtual assistant and train them how to use it.

Whether its for investors, agents, or just a general meet up for like minded individuals .

When I partnered with friends on a multi-unit property a few years ago, we chose individual umbrella polcies from our personal providers.

Does anyone know if this individual needs to be a W2 or can I hire on a 1099?

Well, of course it depends on the individual circumstances, the amount of time comitted and the capital available.

A mid-term rental could be an great option during the 6-7 months you're away since it appeals to traveling professionals, remote workers, or individuals relocating and offers stable income without the constant turnover of short-term rentals.

There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.

I understand I can increase liability in each individual landlord policy, but one single umbrella policy is much more cost effective when I have multiple properties.

Check their social media profiles to gauge whether they are reliable individuals.