Keep personal and business finances separate to create less headache.File all receipts in a dedicated Google Drive folder.

There’s nothing wrong with playing it safe, starting small, mastering your strategy, and then scaling up—especially when using other people’s money.That said, as others have mentioned, house hacking is a fantastic strategy.

@Kris Lou we work with a LOT of Toronto area investors here in the Metro Detroit area - we're only a 3-4 hour drive away!

.- Located in a C- to B neighborhood—close to amenities and mostly safe but not for everyone.- Converted to a rental in 2024; initially rented for $4,750/month, but tenants moved out, and the soft Bay Area rental market has made filling it challenging.

I found this property driving for dollars after leaving the barbershop 🤣 and noticed it was being trashed out.

Most out of states deals end up looking like an IRA, decent returns, safe but meant for very long term to get anywhere.  

I found this property while driving for dollars after leaving the local barbershop/garage shop 🤣.

Also, you have a lot of competition with Disney and Universal properties.I always stay at a Disney property to take advantage of the included transportation to easily park hop and not deal with having to drive and park.

and offer up question and answer support for anyone interested in investing in residential assisted living, actively, passively, or somewhere in between.Over my real estate journey I’ve tried a lot of different asset classes and finally landed on residential assisted living as my favorite real estate niche and perhaps the most incredible growth opportunity for the next few decades due to demographics and how that will drive demand to keep outpacing supply.

But given the new construction is still a fraction of what it was during pre-covid times even, the steady growth is going to drive up rents for all products over the next two years or so.