that doesn't seem ideal - i think people should build up a track record before borrowing private money and putting it at risk.  

Real estate investing can absolutely be a game-changer when it comes to freeing up your time and helping shape the community you care about—especially in our beautiful region.You’re on the right track by diving into BiggerPockets.

You track all of your expenses the same way irrespective of profitability. 

You're on a great track - best of luck and definitely utilize BP as much as possible! 

Look at their rental history, the conditions of their previous residence, and ensure they have a good track record with past landlords.

@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.

And the values like all rentals will just track the rental rates and what an investor is willing to pay for a return.

You're on the right track!

This is what we tell members:  These teams have a track record with us.

The landlord should be named on the tenant's insurance policy for additional protection and to assist with tracking compliance.