Capital Expenditures (10-15% of Income)Rule of Thumb: Reserve 10-15% of your income for capital expenditures (CapEx) like roof replacement, HVAC systems, or major renovations.Why: Regularly contributing to a CapEx fund ensures you have the cash on hand for significant improvements or replacements, preserving the value of your properties.5.

I’ve been working in property management/real estate since 2020 and really want to try my hand at starting my own company.

People are often intersted in real estate. 

Most people do it themselves or hire a landscaper but if it is really a small job those might be options.

Although people divorce all the time.   

I would plan for 75-150k, which normally shocks people. 

Do those for yourself until you are happy things are working, the maybe start branching out to other people's properties.

For actually transferring to the LLC, I have been recommended against it multiple times from people and a lawyer in town.

Sometimes, I see people add bedrooms when it doesn't make sense.It's often not as simple as just putting up a wall because you need lights, outlets, and proper ventilation.

What you ask is an unbelievably general question and not likely to be fruitful as so many people have interests in different asset classes, etc.