You have to include the cost of your time and the work, especially on a "scary house" is daunting indeed. 

You might even want to setup a C-Corp (for tax and liability reasons as well) to manage the business with the guests and pay rent to your LLC. 

The platform aims to provide investors with everything they need to run and scale a successful real estate investment business in one place.

LTRs with long term conventional financing and standard management aren't really cash flowing anywhere right now. sure, there are lower cost markets that look better on paper, but there are costs associated with those supposedly cheap markets as well - deferred maintenance, more challenging tenant base, higher cost turnovers as a percentage of the rent.2. i wouldn't pick a random market thousands of miles away based solely on statistics or numbers. 

2025 is approaching fast, and I know many of us have already started our business planning for the year ahead.

Startup costs paid out of pocket should be recorded as capital contributions and may be deductible as startup expenses or amortized.

What other company offers business income loss and up to 15k for dealing with squatters?

Even if it was $100k, 32 units would cost $3.2mm to build.  

I'm not accredited, and unless my business explodes, it's not likely I will be in the next few years.

I have not paid retail for RE in many years and would not in my high cost market (average SFH is ~$1m).