Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.

Given that I am self employed, a few personal loan options, did preliminary asking about my situation, and they got lost in the weeds with how my real estate income looks so dismal on tax returns.

For what it's worth, I went through 5 different property managers in 2 different markets (one local, one out of state) over a period of 5 years, before deciding I would self-manage everything across both geographies beginning last year.

Taking time for self-care and nurturing our well-being will empower us to tackle challenges with renewed energy and focus.As we move forward, let's celebrate each milestone, no matter how small, and remain resilient in the face of setbacks.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

The STR part plays no part in the valuation like @Patricia Andriolo-Bull said.I agree that 20% is pretty fair, but you could self manage it once you get things in order.

So I self-financed the first draw, thinking that it would help move the project along, but that proved to be a big mistake because Delta stopped responding to me after that. 

I 100% agree on self managing.