If you are good at saving and have a strong foundation you can be riskier, leverage more. 

-Paper folding machine, this will save you a ton of time.

Got 110 saves on Zillow and 161 saves on FB marketplace listings.

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

But if you can save the 25%, that's often enough to take it from a break even to a decent profit.

They renovate it with their own contractors to save costs.3.

That is all well and good, though you don't save any money using their software.  

So if this means that a person without license can PRIVATELY market an equitable interest?

An LLC creates a legal separation between you and the property, so if something goes wrong—like a lawsuit or debts related to the property—your personal savings, home, and other assets are shielded.

The call has gone out dozens of times for anyone on BP to tell a story about how having an LLC saved them.