Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I make sure to be there when the appraiser is visiting the home and print out data on appreciation rates and comps and give him/her a personal opinion on where we believe the home should be appraised at.

Would you share your personal information when the landlord won't even reveal the address?

Hey Hey @Jared Appel - Funny I swear I just saw a post of a person who recently moved to Miami from Chicago within the last several days.Anyways, welcome to the Chicago BiggerPockets community Jared! 

Personally I like leverage, it has allowed me to recycle my money and scale quickly.

One thing I have also seen investors do is have too many personal use days which can have lead to a similar situation as Jackson.

If you can get a 100k Personal loan then go for it.

In that case, you'll strongly want to consider what putting personal-use property inside of an otherwise business-use LLC would do to the liability shield, as well as insurance and tax reporting.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

They can depend on the person and the property along with a multitude of other factors.

You are prohibited from using the property personally; it must be a rental.