You’ll need to treat it like a business—handling tenant management, accounting, legal compliance, property maintenance, and more.That said, when done correctly, it’s a powerful tool for building wealth!

Once we had the home inspection I was able to have the seller credit us at closing $8k...of which the escrow could not credit the entire amount and so I had the seller write up a personal check for $2000 How did you finance this deal?

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I just did a Zoom call with an accountant, a lawyer, and someone who helps set up funds. 

You may want to check out your local real estate investment club.

Check out Taskrabbit, or Thumbtack.  

Check out some AirBnb monthly comps in your neighborhood to see if it is worth the upfront furnishing costs, monthly utilities and other expenses like professional cleaning and landscaping. 

This includes all charges paid, utility accounts set up, renter's insurance established, lease signed, etc.

Carefully check the documents they send you to make sure there are no red flags.

When so many renters stopped paying rent during COVID, companies like SureVestor stopped taking new accounts because they were facing a significant number of claimes.I personally don't see it as a good solution.