Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

If you paid like 750k or 1 million that could put you in a bad spot if tenant wants to own the dirt rather than lease.   

@Carl Rowles we screen all tenants exactly the same, but know several of our local competitors cut corners to attract more S8 applicants - waiving application fees, security deposits, etc.You can try to weed out applicants that have poor "house maintenance" skills by doing surprise zoom calls and asking them to show you their kitchen, bathroom and another room.

Also same as any content created anywhere else: maintaining your reputation as an expert and attracting potential customers/clients/partners/lenders/etc.3.

I am on my way to making MILLIONS.

I currently manage a multi million dollar home in Palm Springs that has its own gated entrance and sits on a hill.

Focus on the reasons for that growth, the sustainability of which areas will be most attractive and you're investing in a great market if you have the right key indicators in mind and the right focus of your objectives.

However, something to consider is that in midwest markets, big multi family properties tend to attract lower quality tenants.

Nowhere is wholesaling the attractive “lifestyle” promoted by people with something to sell you.  

Does anyone have a rule of thumb for how much cashflow one should be getting for every million dollars of debt on real estate?