It represents a passive investment option for individuals seeking to save money beyond traditional savings accounts, without delving into more complex investment strategies.

The tax code is verry complex and everybody even accountants will tell you different opinions as to what is right and wrong.

I’ve heard many say not to bother hiring an accountant/large firm for tax prep or planning until you have some investment properties or completed some deals.

My tax accountant moved us in 2022 to an Scorp for the holding company to offset our tax liability.   

This could be through finding ways to increase the rent on your existing properties, taking on additional work, or finding other income streams.Reducing your current debt levels can also improve your DTI ratio.Improve Your Credit Score.Look into various financial institutions, including community banks, credit unions, and online lenders, which may have different criteria or offer programs for investors.Since portfolio lenders retain their loans in their own portfolios rather than selling them on the secondary market, they are able to provide greater flexibility.

@Devin Aikens I have 20 units and 5 more under renovation coming online soon.

However this is a fact pattern that really warrants your accountants counseling.

After researching online at landlord-tenant laws in the state of Maryland, I noticed that Baltimore City is especially tenant-friendly. 

I've read a few things online and I think it sounds legal/doable.

This will assist in locating any possible problems that could need to be fixed right away or have an impact on the property's long-term worth.Note that each real estate venture is distinct, and there can be particular factors to take into account given the Chicago real estate market.