Very interesting perspective you have there @Benjie DeVera.

Not a real estate book, but his stories and books are always about giving us a different perspective to look at certain things.

@Eddie Werner Depending on the tenancy law in PA, it may not make any difference, from a legal perspective, if there is a a signed lease.

. $300 over asking on a fresh rehab for 6 months.

There's a ton of great stuff in there and a lot of inspirational info and different perspectives.

As I grow, I can then set up other LLCs to keep key properties separate, or segregate my rentals once I own 10 or so in a specific LLC.Having the manager being the managing partner across all LLCs will allow me to have one single checking account to manage all of my rentals no matter how many LLCs (elected as partnerships) that I eventually have.From an insurance perspective, I Just plan to have an umbrella policy for each LLC and individual property insurance on each property.All good so far (I think).

Form a landlord perspective, we are not renting with utilities included (a big plus ... we are also able to assign the water/sewer to the tenant in our SFH student rentals) and, as an added bonus, it allows us to track the performance of our buildings following the completion of a deep energy efficiency renovations.

The NOI is the cash flow from the property before debt service, as though you bought the property all cash with no loan.In the attached example you'll see that I include Capital Reserves and Expenses in the NOI calculation even though they are technically not an expense from a tax perspective; but that money has to come from somewhere and it's much better that it comes out of the properties income than your pocket.- Good Hunting

After a few months of introspection and some minor prodding, I decided to drop what I was doing in DC and start fresh in real estate.

Being an investor myself gives me a perspective of great value to my investor clients.