I have come to realize, I have been doing it more as a hobby, not a business.

Treat investing as a genuine business rather than a side hustle.

Treat investing as a genuine business rather than a side hustle.

I currently operate a mom and pop rental business in Reading with my wife where we provide an alternative to the slum lord business model that has existed in the Reading market.

The #1 FUNDAMENTAL FLAW I see self-managing landlords and way-WAY too many PM's do is NEGLECT the entirety of the BUSINESS of things. 

Something worth at least looking into for the original poster is checkout "zen business . com " You can try to make an LLC on your own there before paying a lawyer 

-It is a much more active business than a traditional rental.

The more established borrowers with a track record likely have their banking relationships in place so how to you earn their business?

Keep in mind if you are doing commercial/portfolio/other loan types then none of this may matter…but for Fannie/Freddie it will.SCHEDULE CThe Schedule C portion of your personal tax returns is where most people file a business that is operated as a “sole proprietorship”.

I have had so many people asking me for help re financing in Mexico that I'm studying whether there's a way I can get involved in that business to be able to help them.Finally, something to bear in mind that the best deals in Mexico can be more profitable if you pay cash than a deal with a mortgage in the US.