The other piece to consider with cost segs is the value of the property evaluated and savings generated vs. the cost of the study.

I bought a single-family home with a tenant in place, generating cash flow.

That all revenue generated would have to stay in the company and couldn’t be used for personal things.I’m trying to find a way to use my God given talents and the only one I seem to have is in Real Estate hahaha.

From condos designed to accommodate couples and young families and large lake lodges which house multi-generational parties, to luxurious custom getaway cabins on stilts… investors are seeking properties that align with their guests’ values and aspirations.Aside from STR the influx of remote work has catalyzed a new wave of interest in Branson's real estate market.

.· The taxpayer works more than 100 hours in the business during the year, and no other staff works more hours than the taxpayer.Hiring a property management company, therefore, effectively off-loads the primary work from the landlord, allowing for the income generated by the investment to remain passive and lower tax rates than active income.

For example, if your goal is to generate rental income, you may want to consider a location with a strong rental market.Partner with a Local Real Estate AgentA local real estate agent can provide valuable insight into the local market and help you find properties that meet your investment goals.Develop a Good Understanding of the AreaIt is important to understand the area before investing in a property.

In the ever-evolving world of real estate, innovation is the name of the game, and generative AI is leading the charge into a realm of boundless possibilities.

Long-term objectives play a crucial role; selling might be preferable if you need funds for other investments, while renting could be beneficial for building equity and generating rental income. 

Ultimately, my dream is to achieve financial independence and free myself from a 9-5, build generational wealth and allow myself more time with my little ones.

It may increase your vacancy when tenants discover they can no longer afford to heat their unit.I would add this:Since the TX power grid has proven unreliable and the providers can price gouge (how the justice department will challenge that remains to be seen), you could possibly ask premium rents by adding a generator / transfer switch to each building.