Therefore, it helps to include it for the purpose of the exercise.

Unnamed person may not be held legally or financially liable for damages and/or unpaid rent in landlord/tenant court.

Has anyone built apartments for rentals purposes and how they are coping with inflation.

Be thankful they are taking this step on their own to ensure they don't get behind and stick you with unpaid rent.I'm sure how much they may be approved for varies on a case-by-case basis, but I have tenants who have paid the full rent for multiple months through COVID rental assistance.Your role is limited, and in my personal experience requires just a bit of information on the balance due and a signature.

I've purchased two properties personally utilizing seller financing and represented at least a handful of buyers acquire properties with private mortgages over the past five years including friends and family members.

@Meghan McCallum For the purpose of opening a solo 401k, how does one verify their "side hustle" which is not an LLC?

Tennessee doesn’t have personal income tax but if we create an LLC we would have to pay state income tax.

Ultimately, the best market for investing under $250k will depend on factors like your risk tolerance, investment goals, and personal preferences.

While I am a licensed agent but I do not focus on MLS deals.I've been personally investing in Detroit since 2019 and have 12-doors there now.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.