Could be too late to form the more complex plans for 2024, so plan for 2025.Start an HSA plan.

When I asked him about this he said it's a bit complex.

Also if anyone can explain how much I should have saved to get started and a rough estimate of how many single families I should have before moving on to small apartment complexes etc.If you have read this far I greatly appreciate it, thank you so much!

This example is an apartment complex in an industrial area owned by an airport.

If you’re confident managing more complexity and have the funds, a small multi-family property could yield higher returns.

You can ask the prospective tenant about the addresses or simply do a Google search for those addresses and, if it belongs to an apartment complex, you can call the apartment to see if the tenant ever lived there.Public Records:This part of the credit report will list any judgments levied against the tenant -which includes garnishments or evictions that have a monetary claim.

One thing he didn’t anticipate was the complexity of the reporting requiremnets, especially if he wanted investors outside his immediate circle.

This means that even if you had 5 rental properties, for example, they would still give you that quote since they're trying to go after more complex tax returns/clients.

PS: I know billionaires with less complex structures.

Probably too late to form the more complex plans for 2021, so plan for 2022.Start an HSA plan.