@Olivia Blake what you are running into is a tenant how has been a long term tenant.

After years of focusing on my career and building financial stability, I’m ready to dive into real estate investing and start creating passive income and long-term wealth.My short-term goal is to purchase my first duplex or single family rental. 

2) The minimum hours required are 750 hrs, but if running a short term rental, 100 hrs is supposed to be adequate, is that still true ?

They have higher appreciation, better tenants and great long term wise.

you will not find a cashflowing property at 100% financing whether its with a traditional loan and heloc or whatever the terms. 

This will be an excellent home for a starter home, small family, long-term rental, and definitely a really cute AirBnB.

We estimate the project will take less than 3 months to complete.I’m exploring alternative short-term financing solutions and would appreciate any advice or recommendations on options that might work well for this type of project.Thank you in advance for your insights and assistance!

I’m in it for the long haul.What would yall do?

Many Naive subject-to first timers think that as long as they make the payments, life is good.

:)General question here: I invest in long term rentals in Memphis, but I live out-of-state in NYC, so I was wondering if anyone had any general advice about starting an LLC in my situation.Would you form the LLC in Tennessee or would you recommend forming the LLC elsewhere?