My method has always been to call every listing that hit 90 days on market in areas that I want to buy.

The most important rule is to have the cash flow of the new property be able to pay all its expenses, mortgage, AND the line of credit back.

I do use ChatGPT to help me develop my spreadsheet.

@Ajay Bodas Transferring a 1031 exchange property from a revocable trust to an LLC can be done, but timing is crucial to avoid IRS scrutiny.

Co-living is how I went from renting a room, Delivering Dominos, no savings, and not being able to qualify for a loan to financial freedom & a $2M net worth in 15 months.  

Because instead of collecting one rent check per month, you’re collecting multiple payments from different tenants.

It doesn't take long to learn how to spot a good deal.6.

Quote from @Destiney E Goins: Hello, I am new to investing, and feel like I have been blindly stumbling through this experience the last few months.

Hi Michael,Thanks for responding to my post.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.