I throw my listings on my wife’s fb marketplace instead of mine.

Additionally, I own an adjacent parcel with 5 acres of coffee and have obtained permits to operate an agricultural tourism business there, with entitlements to build two more dwellings.The estate is situated within a gated community, and while it’s a remarkable property with a lot of unique features, I’ve encountered some pushback from the neighbors, which has made me reconsider my position here.

Multi-Family may require more maintenance (Con) but that cost may be offset by installing a coin-operated laundry room (Pro)3.

Did you create an LLC for the purposes of operations and management, i.e. book keeping, income/expenses, etc.?

Hello BP Community, Why is P&I / Debt service included in NOI and not factored into operation expenses when adding up GOI ? 

Real Estate has always been a goal of mine since getting out of high school 2 years ago, however I never knew how to get started or what field would be most suitable for me.

Successful wholesale operators spend $10,000 per month and up on marketing /lead generation5.

So my plan is to form the LLC later and just take the risk of operating without an LLC and just have landlord insurance and umbrella insurance to start out.

You need to be a strong value add investor and a strong operator. 

The HELOC is not the same as a conventional loan so they don't have anything like mandatory escrow accounts.When you say non-owner occupied, if you can get a HELOC on investment property, and I know Regions Bank does this because I went through them to get mine and found they will do a HELOC on investment properties, then you would be paying the investment off with the equity via a HELOC.