I come from a decade of experience in sales, with a client base and network grounded in entrepeneurs, and executive/partners on Bay St (Canada's Wall St).

Purchase price: $110,000 Cash invested: $60,000 Sale price: $225,000 This property has 2 units and 2 storage units creating 4 income streams.

@Ken M. rents are softening in the places that have had a lot of new units come on line.  

Vet anyone you get referred online heavily. 

I'm having a hard time trying to find a bank that I can open a business account with online.

The property is a single family home that is on sale for $179,000. 

Also, not very easy to use typical methods of valuation like comparable sales - there is no public tax assessor's website that you can just freely grab this from. 

When you do need an LLC is with MF properties or when you have partners.FNMA, FHLMC, FHA & VA all have due-on-sale clauses that may be triggered by transferring via a Quit Claim Deed (QCD) a property from your name to an LLC.

Build your network by joining local real estate investor meetups or online communities like BiggerPockets.

Homes are typically on the market for about 56 days before selling, slightly longer than the 43 days observed last year.RedfinThe number of homes for sale has risen by 6.6% from December 2024 to January 2025, totaling 3,131 active listings.