This approach would allow me to learn with each deal and minimize initial risks.2️⃣ Go Straight to Multifamily: Instead of starting with SFHs, I could spend time learning the multifamily business and go directly for a 20+ unit building, maximizing scalability from the start.I have no experience with either strategy.If you were in my position, which strategy would you choose and why?

And if you choose to save the cost of a property manager (I have done this), there is the aggravation factor.

If I were to start my business over, I would definitely choose the path that offers quicker financial rewards.

I also choose QBI safe harbor to reduce audit risk.

I don’t make any money whatever he chooses to do.

When we say doing the due diligence while choosing the REA, for new investor, it would be believing them whatever they say or promise even if you ask correct questions. 

If you choose to set it up in Illinois (IL) and then file as a foreign entity in MI, you will end up paying two state filing fees, which unnecessarily increases your costs.

If you choose the right company it'll drastically reduce your risk of maintenace coming up in the first 5 years and also help your yield.

But connecting to QBO is easy for almost all banks, there is some steps to take where you login through QBO and choose what accounts you give QBO Access to.

Brandon is amazed at how many people choose to ignore facts so let's cover a few that might help as you look into committing to a whole life insurance policy.1.