I went through an 'interview process' with my accountant and he had me produce paperwork demonstrating income and expenses for each.

Sound like you are positioned for major success @Christopher Toth !

You can enter for a lower price, learn the management process, and just get a feel for real estate investing without taking on a huge project.

Congratulations on your first successful investment! 

. $800 a year in franchise tax fees is my no means sufficient to buy liability protection from a determined litigant.4) Would you hire an environmental testing company to test the land (to which you have no legal access - but I doubt the dead guy would call the cops on you) once the foreclosure process has progressed well enough, but before it's conclusion, so that you tell the lawyer to stop foreclosure in case some major contamination is discovered?

I like the WIIRE podcast - earlier episodes are primarily about MTRs although the hosts also provide a good deal of content relative to operating a successful real estate business.

I am blown away that she is in her 20s, not that age should matter, but she is brilliant beyond her years, and humble.Her intentionality was evident, not only in scaling her own portfolio, but organizing the process to make it doable by anyone else willing to learn and put in the work.

So far I got the Chase Ink card, but the funding process is moving very slowly and with very, very low limits.I hope that clarifies where I'm at in my head (still trying to figure this out!)

I know in theory the process of BRRR, Buy & Flip, Buy & Hold, et... but I am very worried about screwing it up and really putting myself and my family in the hole ( I have a wife and a 1 year old son).

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