Quote from @Trevor Finn: Hey @Michael Wentzel,Congratulations on an impressive real estate career thus far!

Congratulations on building a solid foundation with your duplex and single-family properties!

It sucks but you'll have a pile of tax free cash in two years.

Spencer, congratulations on the acquisitions. 

Hi Shawn-Congratulations on starting out on your real estate investing career.You have a question about whether it is good to have your real estate license or not as an investor and you are leaning toward multifamily investing.I personally think having your real estate license is helpful as an investor.Having your real estate license allows you to work with other investors to help them build their portfolios which helps expand your network while being productive, you can research market value more effectively, find out about deals before they are listed, and of course it allows you to collect the commission on purchasing any listed property.To Your Success!

Hi Alex, congratulations on this deal!

But he showed me a picture where the guy just had them piled on each other. 

Each pile of $200k got me 25% down and some money towards renovations on two 4plexes generating $8800/mo instead of one ADU generating $1800. 

Congratulations!

In each category, note how much you are bothered or stressed on a 1 to 5 scale, with 1 = not bothered at all and 5 = stressed out: Pain Points Stress1 to 5 Pain Points Stress1 to 5 Unit turnover Exterior maintenance Advertising for available units Deferred capital expenditures Tenant screening rules Plumbing or electrical emergencies Tenant selection / discrimination rules Mortgage payments Documenting move-in conditions Bookkeeping and bill paying Documenting ongoing conditions Taxes and insurance premiums Dealing with tenant complaints Risk of late payments or non-payments Dealing with neighbor complaints Risk of property damage or vandalism Mold, termites and rodents Premises liability Interior maintenance Evicting tenants If your completed table has mostly 1s and 2s, then congratulations—you are a happy landlord!