The longer it stays in the same taxpayer name before changing it, the better.I would also suggest you speak to your CPA before making any decisions.

Maintenance hasn’t been too bad so far, and I recently made the decision to sell my business, so now I’ll be living off my rental income.My question is: What should my plan be from here?

At the end of the day, it’s a big decision choosing who to invest with, but the academy is very enticing.  

I am newly married and have a hefty mortgage myself, but I manage to save a decent amount of money realistically 10-15k a year I have been working as a construction worker as long as I have been working I am a mason by trade and even though moneys tight I know I will be a successful investor even in the current market.

Evaluating the numbers, lending preferences, property condition, and location will help you make an informed decision that aligns with your investment goals.

Best case, you learn a lot, survive financially and trade up.

Tenants were ecstatic that I have been fixing things that were neglected for years and based on units in Clinton trading for about $200k a door, the property will likely appraise for 750k+ Lessons learned?

.❌ Less Control Over Tenants & Maintenance – You won’t be as involved in selecting tenants or overseeing repairs, which might lead to decisions you wouldn’t have made yourself.❌ Not All Property Managers Are Great – A bad property manager can neglect your property, overcharge for repairs, or poorly handle tenant relations, leading to unnecessary headaches.Which Option Is Right for You?

. - Many of the Renter's Insurance policies do offer limited damage protection to owner, so it may be a good business decision for an owner to pay while tenant being evicted.Property managers CANNOT get liability insurance on a property they have no ownership interest in.

Having this information allows me to give my clients a solid understanding of current market conditions, enhancing our discussions and decision-making.