Use Net30 and Credit Card companies for capital cautiously2a) If you've underestimated the repairs, it can be tempting to supplement the additional costs with credit cards. 

Keep a copy on hand, for future bank/legal transactions.OPERATING AGREEMENTOFTestStorage, LLCTable of ContentsPageArticle I ‑ Definitions1Article II ‑ Structureof the Limited Liability Company 3Article III ‑ Businessof the Limited Liability Company 4Article IV‑ CapitalContributions 4Article V ‑ Allocationsand Distributions 4Article VI ‑ Managementof the Limited Liability Company 7Article VII ‑ Transferof Membership Interests 12Article VIII ‑Amendments, Voting and Meetings 13Article IX ‑Resignation, Removal of the Manager 15Article X ‑ Records;Financial and Tax Reporting 15Article XI ‑ FiscalAffairs 15Article XII ‑Termination and Dissolution 16Article XIII ‑Miscellaneous 17OPERATING AGREEMENT AMONGTHE MEMBERSOFTestStorage, LLC, ARTICLE IDEFINITIONSAs used in this Agreement,the following terms shall have the following meanings:1.01 - "Act" shallmean the Iowa Limited Liability Company Act, as amended from time totime.1.02 - "Affiliate"shall mean, in the case of any Person (the "Specified Person"),any other Person (a) that directly, or indirectly through one or moreintermediaries, controls, is controlled by or is under common controlwith the Specified Person, or (b) that owns or controls 10% or moreof the outstanding voting securities of the Specified Person, or (c)that is an officer, director, employee or agent of, partner in, ortrustee of, or serves in a similar capacity with respect to, theSpecified Person or an Affiliate of the Specified Person or (d) ofwhich the Specified Person is an officer, director, employee, agent,partner or trustee, or serves in a similar capacity.1.03 - "Agreement"shall mean this Operating Agreement, as originally executed or asamended, modified, supplemented or restated from time to time.1.04 - "Capital AccountBalance" shall have the meaning set forth in Section 5.01.1.05 - "CapitalContribution" shall mean in the case of any Member as of anydate of determination, the aggregate amount of cash, property, orservices rendered, or a promissory note or other binding obligationto contribute cash or property or perform services that such Membershall have contributed to the Limited Liability Company on or priorto such date and a Member's share of any of the Limited LiabilityCompany's liabilities as determined in accordance with the Code andTreasury Regulations (or, if such Member is not the original holderof the Interest of such Member, the Capital Contribution with respectto the Interest of such Member held by the original holder of suchInterest).

If your really don't want to start a second career/job after military retirement, it sound like you need to pay off that loan so you can use the rental to supplement your military pension which I know against base pay isn't necessarily that much. 

High quality tenant base, low vacacy, hgh rent growth and appreciation, really passive. 

(I cannot qualify for REPS under my current circumstances) I know this is more of a personal decision/preference and I know that there other advantages to investing in real estate, however if tax free supplemental income is the main benefit, I may instead look to focus more on syndications and not take on the headaches and massive time requirement of owning rental properties.

With the recent buzz around AI-driven platforms and a huge push for AR, this would be an area of opportunity in 2023 to utilize some of these technological capabilities to supplement your real estate activities.Impacts of COVID-19: The COVID-19 pandemic has had a significant impact on the real estate industry.

You can always supplement with your own cash.And a very fun strategic play is to allocate your proceeds unevenly. 

Partner and I had been looking for small MFR that penciled to learn how to rehab and begin building a reliable passive income stream to supplement (and eventually replace W-2 income).How did you find this deal and how did you negotiate it?

With that goal in mind, we are investing primarily in STRs in my local area of Columbus, GA to maximize our cashflow to supplement my current income.

I don't have the answer, but I can tell you that it's generally larger investors with the ability to navigate government funding to supplement rents, and they have so many units that they can take reduced rents and still turn a profit.