Was I correct in my statement?"...

It is a good course.Doing PML correctly is a lot of work but can be very profitable if done well.

So, they got taken advantage of.4) They didn't do enough research on comparable properties before doing repairs - so went either overboard or slumlord, instead of properly Maintaining to the Neighborhood.The other challenge we encounter often is investors expecting perfection.

Perhaps @Natalie Kolodij can clarify or correct me if I'm wrong. 

I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong). 

Since companies have a limited lifespan (10–18 years on average), cities must attract new businesses to maintain job opportunities.Factors Companies Consider:Low Operating Costs: States with lower property taxes and insurance costs.Low Crime Rates: High-crime cities deter businesses and tenants alike.Natural Disaster Risks: Avoid areas prone to disasters, as recovery can take years, impacting your rental income.City Size and InfrastructureFocus on cities with metro populations over 1 million.

Hello Zachary,  You are correct in looking at the Mid-West for cash flow. 

In the latter case, I would still use QB to enter info provided by the 3P servicer and to maintain my general ledger for the lending business.

A house hack could definitely be a good first step, allowing you to build wealth while maintaining your lifestyle.

We'll still provide extra but just not quite as much.Beyond check lists, getting stocks replenished correctly and consistently is really dependent on the cleaners and quality review.