Hey @Aman Kumar, we are full time real estate investors from Northern Ontario.

Also Since you plan to live there for 3-5 years, it’s easier to manage and maintain, giving you time to learn the ropes of real estate.That said, be mindful of high HOA fees, as they can eat into your margins and affect future cash flow.

Utlimate goal is to maintain a healthy leverage on the rental property.

Any way to delay the official sale to keep taxes low while still maintaining a contract to buy? 

Keeping your listing updated, maintaining clear and friendly communication, valuing feedback, and adding thoughtful touches can significantly enhance their experience.

Hi all,I'm set to close on my first property ever next week in Cleveland Ohio. I'm based in California and am struggling to find a property management service. Any recommendations welcome! Please let me know your expe...

Less to maintain!

Maintain detailed records of all renovation expenses to substantiate deductions and ensure compliance.This post does not create a CPA-Client relationship.

This was perfect to save a lot of money while maintaining a high standard of living.

Tools like Baselane simplifies bookkeeping and tax preparation by categorizing transactions and storing records.Keep personal and business accounts separate to maintain LLC liability protection.Please don't use the same LLC for flips and rentals.