While algorithms can analyze data at scale, real estate isn’t just about numbers—it’s about nuances and the most important component of real estate is understanding its value, and that to me (maybe I am old school) but can only be done by physically visiting and walking the property.So for me, factors like local market conditions, property inspections, and borrower credibility can’t be fully captured in a formula.

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

Happy to connect with you directly to share what it has done for me. 

He told me that he owned a couple large mobile home parks in town and that's what started everything for me.

I feel that the QBO is the only way to go for me, as I am remote from my Accountant and Bookkeeper. 

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

This was critical for me since I wanted the code generation for the guests to be fully automated.

This for me feels like a big leap in my life.

The forms are online, and it costs $100 per filing.