I am willing to help you out with some advice or even chat on the phone if you wish.

@Antonio Williams @Marlen WeberYou may want to reach out to the HR department of your employer.Your retirement fund admin may allow loans against your vested 401K balance.There are normally 2 loan provisionsGeneral & Home purchaseHome purchase loan provision allows for a longer pay-back period.Normally loans are not added to your income and not subject to taxes/penalties.Your future paychecks are reduced to pay-back the loan balance.There are also potential risks when taking a 401K loan, the balance being due upon being let go or quitting.Alternatively, this year cause of the cares act, you may potentially be able to take out a distribution(no requirement to pay back) and it wouldn't be subject to penalties.

Thus i wondering if to create an LLC before buying my first rental so it can help me maximize taxes. since i do plan to manage the property i thought i could open the LLC and discounts things like phone, gas etc. i have talk to other people that told me that just by having a rental i would get to some landlords tax benefits without the business. what do you guys think?

I’d love to take you to lunch, coffee, or just a phone call.

I work in construction material testing and I analyzed 4 deals on my phone while waiting for a concrete truck that was running late.

Let's say our in-house maintenance tech responds to a toilet leak: He/she might spend a half hour trying to get the tenant on the phone to confirm what is going on (is the toilet running, or is it overflowing?

That can be key for those borrowers who are tied up with their 9-5 (especially if you can't have your cell phone at your desk, if you know what I mean...). 

phone numberyou will have a billion phone calls.

Sorry my phone wouldn't let me edit...

Inspections often nip problems in the bud and if done by your maintenance team and documented with photos, you'll be more organized and know if a tenant is abusing the unit.We have our maintenance people contact the tenant by phone before going out on a call to get a better understanding of what the issue is.