So, an investor could easily cashflow right away.Those days are over.Landlording is a long-term play.

As @Brett Synicky suggested, keep it simple, as a sole proprietorship.You are also not considering that you will have to pay $800 per year and per LLC to your greedy state.In short, get some professional advice instead of TikTok advice.

If you're goal is a long term hold, you're almost certainly going to do well even with a market rate deal in any of those states.

Have you refinanced this into a long-term mortgage?

Seller Financing / Sub-To: Take over payments or negotiate terms with sellers to minimize upfront costs.  

.: Quote from @Matthew Irish-Jones: Buffalo is a good market to invest long term if you get a good property, on a good street, in good condition.  

He's changing the terms of the agreement, and you can choose to accept it or reject it.I don't think it's fair to pass this cost onto the tenant just because you are unwilling to stand up to the contractor.

Also how many should I aim to work with in terms of:- How many brokers- How many wholesalers- And in terms of DTS , how many cold calls a dayThanks againWholesalers are all over FB so try joining any "off market" type property groups.

Pensacola has a lot of potential, and I’ve seen investors do really well in the area with both long-term and short-term rentals.Since you’re just getting started, here are a few tips that might help:Know Your Market: Pensacola’s mix of military families, college students, and tourists means there’s a steady demand for rentals.

Simple and powerful.