Bonus Question: Is there a certain amount of asset that you keep in multiple LLC’s or do you have them all under one with an umbrella policy?

The Oakland A's coming to West Sac is a bonus!

First and foremost offsetting w-2 income will only or mostly come from cost seg and bonus depreciation which currently is at 60%.

So keep the land in your name, hire him as a consultant, pay him a generous GC fee for the build, and let him have the listing so he can earn commission.

I’ve never made more than $50K from my W-2 and the highest paid year was during Covid when I got a bunch of bonuses for being a healthcare worker so was not indicative of my regular salary.

The I suppose the cash back and sign up bonuses are a return on the very small amount of time it takes to track them.

I was impressed with the software.It has a built in CRM which I thought was a bonus.  

I got my start in Chattanooga rentals 5 years back on these same threads and now have a couple dozen units due in large part to the guidance of some generous BP mentors.

It helps you find reliableproperty management partnerships and gives you everything you need to makeconfident hiring decisions: Expert Matching: Match with professionals who meet your criteria Extra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members Bonus Content: Receive an essential interactive workbook: “How to Interview Property Management CompaniesHere’s how it works: Enter your market and what you're looking for Instantly see top matches and their qualifications Connect with only those you want to interview Bonus!

As far as analytical tools, the most commonly used in our area is the AirDNA Rentalizer, I find it is usually about 20% to generous, generally.