Correct - Track all your income and expenses.The bookkeeping will determine whether you are profitable or not.it will also be good to compare from year to year your income / expenses to see what expenses you can potentially try to limit.I.E.

I’m also diving into multifamily and would love to compare notes or explore how we can navigate these opportunities together!”

The training as compared to other "guru" programs is not much.

These properties tend to hold value better and offer stronger appreciation compared to duplexes or small multifamily units.

I would say it depends on how well the chunk of cash in your 401k is performing compared to the asset you are acquiring.

The way I see it is you're comparing two options, to HH or not to HH.

So, you look at what other comparable properties are renting for to decide when to raise rent and by how much. 3.

Personally, I'm incredibly ignorant on the subject compared to others, but find it fascinating.

Rents/Divs go up with inflation, and capital appreciation occurs at an unpredictable rate.Yes, you’re giving up returns compared to direct RE ownership, but you’re gaining piece of mind.You could try note investing too.

Today is very different as it is all about the management (and not appreciation) compared to past where management could suck but you still had superior apprecation.This will not crash housing of course but all those "creative" deals where people are paying more than market value are going to realize they have no exit.