Don't know if anyone mentioned this already or not, but check to be sure your RE license will allow you to manage property on a commission basis for other people without a CAM license.  

Anyone out there tried Cam Dunlap's REI Trifecta? 

@Alan Y., out of fairness when you contacted them on 2/1/24 did you re-iterate that 60 day notice was required.

What matter is the aggregated number of dollar in circulaton, not people salary.Almost everyon here in BP has more than 3 homes, for example LOL and we don't have to sell.Also home price in US is created using auction model with 30 y FIXED....so if 90% of folks within the region does not able to sustain the current home value, that does not even matter , because what matter is money in circulation in that area.

@Kay NemenWe’ve found the best way to raise rent is:Determine market rentShare the proof with the tenantTell the tenant, given your rent is $x and market rent is $y, what do you think if a fair increase?

What's my return if the house costs $X I have to put Y% down, and pay $Z to finish the rehab?"

I plan on putting CAM on the tenants.  

Not a good reason to hold a property unless it is appreciating significantly.If you have a financially better use of the property that's more or less proven using conservative estimates, then that's probably what y ou should do.

Tenant “Y” has a 590, 3.2X rent, but just started a new job a week before applying and I did not feel comfortable renting to them for that reason.   

Is there a point where collectively, the LLC has income X and current mortgage debt Y, and X is >> Y, hence another RE loan fits within the LLC/partnership's ability to handle and I don't need to personally guarantee this?