Also you'll need to winterize a vacant property in the Midwest. 

Regardless; real estate is my dream and working with others on their deals has been so fun!

Markets generally slow during the fall/winter season.

Here are a few things to keep in mind:Eviction Process: Courts often prioritize tenant rights, and during certain times of year (like the winter months), it’s tougher to get an eviction through.Legal Barriers: If the property is rent-stabilized or the tenants have protections, it could mean additional layers of complexity. 

He was pretty devastated - it was all fun at first & then he & his roomies realized the seriousness of it all.

Sounds like a fun project.

Then we ended up had to evict the ex-owner from this property after the purchase which was no fun but something we are experienced to do.

We have started to raise the prices for our highest season which is winter, and we have been getting a lot of new reservations.Winter is coming, and most touristic destinations in Europe close or drop occupancy significantly. 

A fun research trip!

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.