I'm not saying it's impossible to get small, value-add MF in the Southeast, but I am saying that most people I talk to have no idea what they're up against and often have unrealistic expectations of what they can buy here for the money.

So, are you planning on putting more money in the deal at that point to make up the $63,250 difference?

Far too many investors spend way too much time, money, and energy creating LLCs or other complexities that serve no purpose.An LLC is useful for two things: anonymity and legal protection.

I'm assuming you are now at a point where you have enough money coming in to cover your minimum living needs.

A lot a newbie investors spend so much time trying to learning "the right amount" of information before jumping into investing (as if there's such a thing).

I spend about 6 hours a week on my LTRs, I have 25 units and am buying more.

https://www.propertana.ai/Advertising a free 14-day trial only to be redirected to a page that wants money is not good.

Figure $100 to get out there and another $100 in labor for 8 hours you should be looking at around $1000 and that’s all profit (less gas money). 

In real estate, you make money four different ways:1.

When I started working, I was like most people—brainwashed into thinking that putting money into a retirement plan was the right thing to do.