Holding title in an LLC or Trust is always wise for asset protection and estate planning considerations.  

Purchasing a rental property in the coming months, with a plan to have several by the end of 2025.

But if that Ferrari could bring in a return as an asset, rather than being a liability, and it puts a good amount of monthly cash flow in your pocket each month then someone with an entrepreneurial mindset and business plan for it should think about buying that Ferrari. 

Stay updated on market dynamics, interest rates, and economic indicators that can impact real estate investments.Set Goals and Take Action: Define your short-term and long-term goals as a real estate investor and create a plan to achieve them.

Are you planning to force the tenant to buy the property?

How long are you planning to hold this property?

Much like the tax implications of any investment vehicle or retirement plan.7. 

The idea is to create cashlow and wealth through equity and appreciation so the plan we can build few units , sell them and split profit 50/50, while I am the boots on the ground overseeing the process of building from start to finish, meanwhile the partner brings 100% of funding. 

Anyway, I'm confused on the operating plan.

My sister lives in the area and I can't imagine anyone planning a vacation to the Ozark Lakes over Branson.