In my defense, it was so long ago, it's hard to remember. ;)

Self-purchased and managed.

I 100% agree on self managing.

Quote from @Armell Mayers: Started out 4 years ago not knowing anything about Real Estate and have been self-taught till this day!! 

Seriously though, if you haven't already get your self a solid real estate-focused tax professional in your corner.

For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.

Hi Jasmine-Congratulations on being ready to turn your primary residence into a rental.Your question is should you use a property manager or self-manage your property.If there is enough positive cashflow or you can afford to pay a property manager, I always recommend doing so for the following reasons:1.

Quote from @Johnny Lynum: Quote from @Billy Smith: I like SFH in the A-B area rent it you do the  upkeep  doing as much as possible your self to help max your rent out .I like to pay down the note as fast as possible .If in a C-D area I would flip the SFH wash your hands of it.SFH are generally easier to unload if you get in a cash crunch, I like staying in the first time home buyers level of a SFH  keeping it in a hot zone .If I were a BIG fish I would do deals at various level's of course after  doing the home work . 

Another thing to note is that if you’re self employed with no full time W2 outside yourself and a spouse a solo 401k is exempt from UBIT on leveraged real estate.  

Hey all - Stumbled into a new SFR net lease strategy after purchasing my first self-managed SFR in South Florida.