I know plenty of investors who will happily pay one of the many firms out there who help place equity so they can focus on their core competency which is running their real estate business (me being one of who would gladly pay a fee so for access to equity and the ability to focus on what I do best as a developer).

@Kristen Dolotina As a landlord, you can deduct expenses like mortgage interest, HOA fees, repairs and maintenance, insurance, and travel related to managing the property.

Make sure to factor in 5-10% vacancy, taxes, insurance, mortgage, repairs & maintenance, lawn care, pest control, management fees, utility costs (goes in your name when vacant), turnover costs, and capex reserves. 

Some PMs charge a full month's rent, others charge a flat fee. 

You can keep all your properties under one roof, so to speak.Cost Considerations: Keep in mind that setting up an LLC comes with some costs, like filing fees and compliance stuff.

I'd appreciate any suggestions. 3/1.5/1,056 sq ft SFH in Akron, OHEstimated ARV: $130k - $145kRehab estimate: $30-40K-  Entry Fee (assignment included): $22,000 + CC + TC ($12k of the entry fee goes to seller)SUB2 Mortgage takeover details.

As 6,000 new units are added by the end of the year, renters are benefiting from lower costs, signing bonuses, and waived fees, despite home prices nearing their all-time highs.The Strip: Ninth Most Popular U.S.

Enter recurring charges and automatic late fees.

Given your current straightforward W-2 tax situation, a $5,000 annual fee for a real estate-focused CPA might be excessive. 

.- Loan Structure: Define your lending criteria clearly—interest rates, LTV ratios, fees, and terms.