@Franklin PerezGetting your real estate license can be a smart move if you want MLS access, networking opportunities, and savings on commissions, but it comes with costs and disclosure requirements.

Are you wanting the home covered at full replacement cost?

Sure it will cost a bit more but if the numbers work, the numbers work.

Multifamily properties provide higher rental income and lower vacancy risk, but they require higher upfront costs and more management.

Meanwhile, I created one LLC and business bank account to pay property tax, mortgage and day-to-day operating cost.

Hi Eric,Great question—estimating operating expenses can definitely be tricky, especially for items like maintenance, CapEx, and make-ready costs that vary widely between properties.

My experience with the smaller multi-family units has been that more occupants = more wear and tear on your property so the turnover costs are often higher than SFH.

It’s a great way to get started in real estate and will offset your living costs when you do move out on your own.

I have gotten 2 this year so far on the market that pencil for us at roughly 50%+ return cash on cash after lending and holding costs

I wonder Trumps thoughts on the affect of Tariffs and the cost of materials.