I took on the challenge and repaired them both myself.Many people have told me that real estate isn’t worth the hassle, especially when starting out.

Do you have an in-house repair staff?

I did this to build rapport I did not need to do this since my landlord in my lease is responsible for all repairs that are not caused directly by me or my guests.

I have had to put students on a repair program to help them after doing this very thing.

Are there approved vendors you must use for unit repairs? 

I will also be tracking expenses related to repairs, maintenance, travel to and from NV, hotel stays, meals, gas, and other regular business costs.In the long term, I aim to purchase additional properties under the business name, but I understand I need to establish at least two years of income and credit history before doing so.The issue I’m encountering is that my accountant has not provided any guidance on how to structure this scenario.

repaired and updated the home.

Also, our cleaners will report property issues to us through Breezeway and we manage all of the repairs and consumables.  

Hey Quentin, Here are my bits of advice:Prioritize Value-Add Opportunities: Focus on properties that require cosmetic updates rather than extensive structural repairs.

You will have income (rent), but then you'll have expenses: taxes, insurance, repairs, turnaround cleanup, eviction/attorney costs, vacancy factor etc.