Rent collection and expenses can be managed through a separate business bank account under the LLC, even if mortgage payments remain personal. 

Whether it’s learning how to build a property portfolio, understanding financing options, or managing tenants effectively, having a structured approach will keep you focused.This clarity prevents you from wandering aimlessly or jumping from one strategy to another, ensuring that you stay on course toward your investing goals.5.

Have you gained possession of the house?  

@Casey Hamptondon't partner - too small, too complicated.you should both just save up to afford your own individual house hacks.

Des Moines may be a smaller market but it is well managed and growing.

I even took some of the concepts discussed in the book and applied it to how I manage my personal finances as well, incredibly helpful read!

After a 90 days I finally closed on the house.

I inquired about the area codes they prefer, the types of houses, the kind of work they are looking to do on the properties, and other details that would help me locate a deal for them.

This setup allows me to maintain my current income while being physically present in Missouri to actively manage our real estate investments.My BRRRR Strategy:My goal is to identify single-family homes or small multi-family units that need some rehab work, ideally in neighborhoods with strong rental demand and growth potential.

I talked to the person selling the contract and they mentioned that those hud loans have to be paid at year 2051 or if you sell or refinance the house.