Even more than credit, the more experience and capital you have, the more aggressive a lender is going to be.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

Investors get stuck and cannot cash out because of tax complications.

The teacher was an actual financial educator but they repeated themselves a lot and were telling the students to go in and apply for credit cards DURING the course to purchase the next course for $15,000!

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

The actual mechanism for moving the LLC would be best to consult an attorney or tax professional.

We use Proper but I am going to be going over all our insurance as things have been skyrocketing here in WA state ever since they did away with credit scores affecting insurance rates.Where is the STR at?

You know a similar thing happened in Kansas City (more specifically Jackson County, MO) regarding property taxes in 2023.

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.