You are so right about analysis paralysis 😁Not too concerned about mechanics though I would like to learn more about how to best use CRMs (specifically freedomsoft), but also would like to learn specifics regarding forming LLC structures and tax strategies 🤔

Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.

Each CPA will answer the questions uniquely based on their interpretation of the tax law as well as your specific scenario, so I highly recommend having a trusted CPA answer this for you.

If you are going to offer cash for keys, put it in writing with specific expectations, and include a penalty if she fails.

I’ve built a 12-door portfolio here since 2019, and it’s been one of the best decisions I’ve made in real estate.If you’d like to dive deeper into Detroit-specific strategies or need some pointers on how to get started, feel free to reach out!

Between lovely countryside and stunning coastline, great food and super friendly people I love this place!

Aside all that, as others mentioned, you didn't lend enough info to give any specific answer to your specific situation.

First, ensure you’re working with a lawyer experienced specifically in landlord-tenant law in Massachusetts.

You can call suppliers, but may need very specific details to get a meaningful number.

I’d love to hear more about your experiences over the years.We are specifically looking to purchase single-family homes in the $80,000–$150,000 range and are considering renting them through Section 8.