I'm glad you have an umbrella policy for the first 10, but when you own them in your own name, a loss in one property can spill over to the others, and personally.

My personal home loan has a mortgage balance remaining of 157,000 and it's currently worth 550,000.

And ensure to not intermix the business and personal between the two. 

Remember that for most owners, their business is very personal to them.

Be honest with yourself about whether you’re ready to prioritize your education and growth.4.

Does the LLC file its own tax return, or do you report the activity of the property on your own personal tax return?

Managing five rentals can eat up a ton of time in any given week, often at times that are inconvenient to you and your personal interests (family, hobbies, travel, etc.).Of course you can manage on your own.

As one of my podcasts say, one person's yuck is another person's yum! 

If directly to the seller, then you need to ensure that the payment is made, but also that it is made to the person who is entitled to it.

The case study illustrates the potential for exponential growth through house flipping by reinvesting profits.