This is the same sort of criteria a lender uses to qualify people for mortgages.

So people argue a) whether it is actually required and b) what are the consequences if you do not file. 

🇺🇸Looking forward to connecting with like-minded people—feel free to say hi!

A lot of people sleep on properties that have been sitting, but where some profitable opportunities are.That said, I’ve been spending a lot of time working directly with investors and sourcing off-market multifamily deals—ones that never make it to Zillow or Redfin.

🌟 There are definitely people in the Milwaukee area, including Bay View, who rent out rooms on Airbnb.

How would you like to be a tenant waiting on a repair because the owner wants 3 bids for everything and not only will that delay the repairs, but you'll have 3 people coming through your home everytime you make a maintenance request?

But I see people turning long term or highly appreciated primaries in to rentals.

I'm seeing a lot of people lately trying to force themselves into house hacks without an immediate cash flow/equity play and "banking" on appreciation or rates dropping. 

Rather than just grinding for the next deal, I’ve put more focus on surrounding myself with the right people—those who challenge me, push me to think bigger, and share similar values.

@Jessica Seppo,Many people take the cost of an LLC and funnel it towards more insurance and an umbrella policy.