Strive to build a strong team of professionals, including property managers, contractors, and advisers, to help support and streamline your investment efforts.Remember, achieving financial freedom takes time, dedication, and smart decision-making.

It's also worth checking with your IRA custodian or a tax professional to ensure compliance with IRS regulations.

I'm not aware of any law that requires you to hire a professional inspector.

We are keeping our money in the property for later unlike a flipper, who would sell for maximum profits and then be able to hire more people, do more deals, hire, etc. 

PLEASE hire a PM.

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The second group 50% of everything, plus 50% of depreciation.If this sounds too complicated, you may need professional help. 

Additionally, since the loan is in your personal name, not an LLC, there might be increased personal liability concerns.Given these complexities, you should discuss them with a tax professional.

We are now hiring contractors as we seek ways to secure reliable professionals.

It's a good thing I'll be able to adjust rents up however, because operating expenses have gone way up also thanks to steeply increasing property taxes, insurance, utilities, lawn care, snow removal, appliances, hiring anyone to do anything, materials, price per square foot to remodel, etc. all goods and services have gone way up.