Also, keep in mind that if you do form an LLC, you'll want to keep these under your EIN, not your SSN.Bank AccountCredit CardTitleLoanBookkeeping Ledger

I ended up taking a different path.Also keep in mind some brokerages will require you to pick one or the other.  

You can look into low-income neighborhoods usually the properties are of lower value, but I'm not quite sure if that applies everywhere but I know in Florida I see it here and there, and if you need help looking I don't mind helping.i would be wary about REO/HUD owned properties as a first time househack.

Keeping this in mind can definitely help!

If you don't mind, I would like to send you a message about who your current PM is, who you are switching to, and how you are navigating this situation?

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

I’m eager to connect with like-minded professionals and make great deals happen!

Would you mind sharing the locations you mentioned?

You also get peace of mind knowing it's done correctly, that you're not missing any deductions and that you won't get audited.Good luck. 

Even in those cases it is hard to create gap between purchase price, rehab and ARV.Investing in todays market is overall very challenging and I am finding that the BRRRR startegy is one of the worst strategies in todays market.Lets keep in mind that BRRRR became highly popular before 2020.