It’s also a great way to leverage your investment for future projects.If you’re planning to continue with more BRRR projects, consider refining your vendor selection process to increase efficiency and cost control, and ensure your financing is set up to maximize your next deals.If you need any advice on financing strategies for future deals or optimizing STR income, I’d be happy to help!

., the person living in the property.Let's assume I'm correct with the above (please set me straight if that's not the general case).

There has been significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations (2 data centers), driving up property prices and job opportunities.

Quote from @James Sedano: Hi all, I'm not sure if this is the right place to ask questions about setting up a Trust. 

@Raymond Keith WhittingtonStart real estate investing by educating yourself, setting clear goals, building a network, understanding your budget, choosing a strategy, analyzing potential deals, starting small, and learning about legal and tax planning.

I want to fix it and appreciate the extra set of eyes.  

I would only suggest a property management company set up if you are not working for an employer and are interested in retirement account contributions + deducting health insurance costs.If you are already working for an employer who is providing a retirment account plan + subsidizing health insurance costs, in my opinion, no point in setting it up.

While you’re at it don't forget to set up keyword alerts for topics that interest you: http://www.biggerpockets.com/alerts Also check out The Beginner's Guide (http://www.biggerpockets.com/real-estate-investing), it is packed full of great info. 

Set aside vacancies, etc. 

You or tenant need to have an escrow account set up that pays you monthly.