At this stage, the main thing we need is for me to get back into the workforce and get some money coming in, in order to achieve that dream.With that in mind, my immediate goal is to gain employment in the field of property management, as opposed to wasting my time working in another field that is not associated with real estate.

Longer Tenure in HomesData from the National Association of Realtors (NAR) shows people are staying in their homes for a decade (see graph below):This increased tenure means homeowners benefit even more from home values growing over time.

I used the standard Nevada Residential Lease Agreement from the Greater Las Vegas Association of Realtors.

Finally, short-term rentals can offer potential tax advantages, as many expenses associated with the property may be deductible.

You will get assisnated by association  No associations here.

An LLC with close associates may do the trick as you start out..

However, I was unsure whether I needed to open a new bank to manage the finances associated with the property.

Basically a 3 page excel spreadsheet that outlines the property details, as well as costs associated with purchasing and making ready for tenants, including adding bedrooms if at all possible, which is of course is Homeroom's specialty.

There are sometimes fees associated as well but they seem minimal and scale well since one line of credit can purchase multiple assets.Interested if anyone else is using this lending strategy and what your experiences/recommendations are.

My family also owned a construction company, so I have some experience in handling projects associated with real estate.