I would love to ask the community (experienced or a newbie) a question and feel free to answer below (if you want):What do you wish you could tell past self before you embarked on your investing journey?

Additionally, the reason we hesitate to sell is because we've got an accessory apt in basement with income stream as well as a separate office for where I work every day (self employed).

Conservatively one would assume 8% vacancy (1 month/year) , 10-12% for property management (even if you are self managing, your time isn't free), 4% maintenance and another 4% misc.

That way, the day will come sooner when you can have the entity make the buy rather than buying it your self and having the entity buy it from you to satisfy lender "Due on Sale" issues.You'll want your long term holdings in LLCs and your fix and flips in your S-Corp, C-Corp or whatever.David J Dachtera"Success is not a destination.

If so, just send me a "colleague request" under "connect" and I'll send it.I'm from Canada so I'm not sure what FHA loans are like, but here, if you're self-employed, the bank is more inclined to give you a mortgage if the property makes its own money.

You have to self reflect, understand that you have/know what it takes to get things done then execute.

I love Charleston my self but 3 hours from me.

Marketing you will spend alot to raise your self out obscurity, unless you have a strong network, that you can fill their mind as the go to real estate person. 

Ordinary income tax, along with self employment tax on the income.

The information we ask for has always been sufficient for us and we've not had pushback.