I understand your excitement about taking the plunge into real estate investing.  

Hey Joseph, I 100% understand what you're going through.My wife and I used a HELOC, 401(k) loans, and even an additional personal loan to acquire rental properties in Detroit from 2019-2021 ultimately acquiring 12-doors.We paid cash, renovated when necessary but some were also turnkey, and refinanced out on the backend.

Like you just said it looks good on paper and it seems the most ideal although I don't understand how it is difficult, could you maybe expand on that? 

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

It's understandable that a bad experience with a rental property could sour you on real estate investing.

 It's understandable to feel conflicted about whether to use a CRM, especially when you already have a PM in place.

I understand that a lot will depend on the specifics.

I started off with a duplex in 2020 and now have a solid portfolio of rentals with my partner.

., sole proprietorship, partnership, LLC).Ultimately, it's essential to work with a tax advisor or accountant who understands your specific situation, goals, and the nuances of rental property taxation.

Conduct thorough market research to understand rental demand, property appreciation potential, vacancy rates, neighborhood trends, and economic indicators.Please take some time to review your financial goals and develop a strong financial plan for acquiring and overseeing new properties.