Quitting college doesn't count as GritUntil you get at least 2-3 of these ingredients,  don't change course.  

You have the key ingredient to make it...desire.  

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

So I decided to write a post on the 5 simple things 10,000 hours of investing have thought me. 1)Be ResponsiveThis may be the simplest and easiest action on my list, but it’s a big one.

As a starting point, I did the simplest thing possible: I simply took the July’23 Zillow Observed Rent Index value for rent, and divided it July’23 Zillow Home Value Index for home value.

Mark Updegraff - If you get a job at BiggerPockets or become an investor in the company, I'd be happy to provide the ingredients to the special sauce, but otherwise, we're going to keep that close to the vest so as to avoid what happened with the last system.

I think you are forgetting some key ingredients here.

For long term holds an LLC with an operating agreement is probably the simplest way to go.

If not, paying the taxes may be the simplest way to come out and not forcing yourself to do something you aren't in love with.

Nicholas Layton because it’s the simplest to calculate but does not mean it’s correct.