This Duplex was built in the 80s and has good bones but the HVAC systems will need to be replaced soon and there has been no major updates that have been done but this is one of the reasons why i bought it. i wanted to get the experience of being a landlord and renovating  and managing multiple properties. but i have a few questions pertaining to the duplex house hack.

I’m a Senior in highschool planning to go to college for Business management - real estate minor.

I got so cocky that I decided to do a flip - I was only a landlord up to that point, but now in multiple states, and still self-managing some of those far away units.

My view is that I can get a higher return by parking that cash in real estate as opposed to having some fund manager get me marginal returns on my savings.Appreciate any thoughts or comments.

What’s the best system for real estate investors who privately manage their own properties??

If he files a transfer deed to the Land Trust or if he "sells it" then property taxes increase, the change in hazard insurance becomes a tangle.I wouldn't give authority to a bank person to collect rents, file evictions, deal with repairs... there are set up costs and on-going management costs.

Also, I am involved in rehab and management, so I am claiming my STR income under the Schedule C.Why aren't you guys claiming it under Schedule C and getting the deduction?

If you ever have any property management questions, I am always happy to help.

Make sure you build a team of your CORE 4 in whatever state you invest in such as getting a reliable realtor, contractor, property manager, and attorney.

Some areas have specific departments or webpages dedicated to housing or zoning regulations that can provide detailed information.Another effective approach is to connect with local real estate agents or property managers who specialize in short-term rentals.