It will cost you more in the long run in terms of money, time and stress...not worth it. 

Ohio, first multifamily.

It is worthed when one is in need:) It is rented out the entire time.

(REPS)A real estate professional for tax purposes is someone who materially participates in real estate trades or businesses, spending more than 750 hours a year and over half of their working time on real estate activities.

In all fairness, making between $300-$400K on deals this size is incredibly good money given the time you spend.

Since I personally always get the most out of conferences when I have dedicated time after to decompress, digest, and implement what I've learned, I booked a private beachfront villa with some friends for a few days immediately following BPCON (checking in the afternoon of Wednesday the 9th, checking out the morning of the 12th) just a few miles up the beach from the Moon Palace Resort, and we have a couple of beds still available so I wanted to extend the invite to folks here.A couple photos of the villa are below, and some of my favorite features of this place include:- Direct beach access off the back porch- Private heated infinity pool- Private furnished terrace- Private resort access- Wifi- Indoor jacuzzis- Private kitchen- Air conditioningShoot me a DM if you're interested!

Look my problem has been people/groups wasting my time with no money.  

Placing properties in an LLC can offer liability protection but consult a professional first.

So good timing asking this question.https://www.biggerpockets.com/forums/70/topics/1214370-alaba...

At same time there operations costs are also expanding due to wage inflation naturally fallowing the "everything inflation" so yeah....