Taking on additional debt is not considered income.

They do more handholding as well as having higher profits and costs. 3) My suggestion would be to find all the homes in the area that have been built in the last 3 years as well as those under construction and find out who built them and reach out to them to see how the project was done.

As an lehigh valley native, I'd suggest sticking with house hacking, especially given your success and comfort with this strategy.

Instead, i suggest put in a home inspection contingency with a clause stating anything under $1000   We would not request...

Who: Wyoming Valley Real Estate Investors AssociationWhat: January Real Estate Meet-UpWhen January 30, 2024 at 7:00 PMWhere: Grotto Pizza (Near the Wyoming Valley Mall, private room toward the back)Why: This month, in addition to talking real estate amongst the group, we are fortunate enough to have a home inspector from Pillar to Post Home Inspections speaking.

Operating agreements can outline each member's roles, responsibilities, and rights regarding property management, maintenance, and financial decisions.Future Real Estate Ventures: If you plan to acquire more real estate in the future, having an LLC in place can streamline the process of purchasing and managing additional properties.

Would probably only incorporate if my app never goes thru; I just submitted the additional documentation and its so weird their hotline only seems to allow a caller to talk to a live person ONLY if they are calling to report someone contracting without a license!

My suggestion for you would be to use the all powerful "Youtube University".

I suggest you start with a book or two and go from there.

Its in the 34652 zip code and has been fixed up by the turn key provider so there should be no additional expenses.