If I'm a car salesman making 30k but saving 3k a year, I'm still richer than an investor who makes 3M a year and spends 3.1M.

So, I would identify repairs by property so that I can identify trends, make corrections, and otherwise have a good understanding of how each investment is doing rather than an overall assessment which could hide underperforming properties.

It's easier to persuade a mortgage company to put the house in a trust's name (that you're the trustee of) than an LLC.

(Wabash to be exact) I am frequent to Huntington and Anderson is less than an hour from my home.

To be honest, talking and working with people is more of an art than an exact science.

And if you are self-employed or own a small business without full time employees there is an even better alternative - truly self-directed Solo 401k plan, it does not require a custodian, offers contribution limits 10X higher than an IRA, exempt from UBIT tax on leveraged real estate and more!

Interest rates are dependent on multiple factors are not always higher than an interest rate that an individual would get on a residential property.

They are around 3 times more for an investment property than an owner occupied property.

In the future never make promises to tenants to pay anything until you have exhausted all other options.

Sure you might have to handle some things in the house once in a while but the overall maintenance will be way less than an airbnb.