Tenants like to set up insurance, show proof to the Landlord, and then immediately cancel the policy after moving in.

If you control how they perform tasks, set their hours, or provide tools, they should likely be a W-2 employee, requiring you to withhold taxes and comply with payroll regulations.

Managing tenants is no easy task, it takes such a wide skill set. 

This is why so many people earn large sums of money quickly (lottery, sports, entertainment, etc.) and end up broke.Take Dave Ramsey's Financial Peace University.

For that, you'll want to ensure your LLC is already set up and approved in the state where you’re operating.Most lenders are fine with the funds coming from your personal account, especially if the LLC is newly formed.

Let me know if you need any tips on working with contractors or setting expectations.

The success of that venture set the foundation for my career in real estate.

Also being able to write down/document goals I set earlier and see if they are being hit.

Instead of paying down someone else’s mortgage, you’re setting yourself up for bigger and better deals down the road.Your first deal is going to depend on a lot of factors—how important is location?

@Paul Choate sends out the 'invite' each month so you can follow him, or try setting up a keyword with 'OKC' or 'Oklahoma' and it will pop up in your feed.