Most sales agents won't touch rentals with a 40-foot pole, so explain why you are their go-to choice for management, offer them a referral fee, and then stay in touch with them so you are always top-of-mind.

This is in addition to cost savings.My thought coming in is that if I do want to eventually have my own team, wouldn't it be beneficial to get my hands dirty even though it is more work at the start. 

You can live with your parents if you want, but having a house that is considered "your primary residence" is beneficial. 

There should never be a choice between a property that cash flows and one that builds up equity from appreciation. 

Did I really have much of a choice at that time?  

@Patrick RobertsDo you think it would be beneficial for me to register my business in SC as well right now?

Thanks in advance.Kay Hey Kay,If the portfolio is mostly free and clear and you're trying to pull some cash out for equity, it seems like a cash out refi would be a great choice. 30 year DSCR loans are available to lend to LLC's and depending on the situation can cash out up to 70-80% ARV.

Hi Nicholas,The choice between rental vs flip/BRRRR would vary by how active you can be on the deal.

Also, my tax bill was super high this year since my property didn't really require any maintenance last year, and this would be a beneficial write-off as it would buy back time and ensure a quality property.

For certain objectives a larger team might work better, for other objectives two person team is going to be the better choice.