Embracing the investor mindset is crucial for anyone venturing into real estate.

My wife and I have enjoyed the MTR strategy for about 4 years now, and I think it is a viable way to "do" real estate, but it is definitely an acquired taste that not everyone is going to enjoy.MTR isn't quite LTR, and it isn't quite STR, and it definitely isn't just merging the two together.

Its an incredible program if the owner knows what they are doing and you get the right tenants.

Hi Corey,First of all, congrats on the success.I do think it is in your best interest to leverage these properties right now, with rates dropping we will see more demand in the market in 2025-2026.You have a few options on something like this.You can do a blanket loan and cash out on the entire portfolio, you'd save a little bit on fees here and there; or you can do individual cash out refinances.I strongly recommend doing them individually if you can.

Is it possible to do the above stated method through turbotax or do I HAVE TO use a CPA or other tax professional?

I have read mixed reviews as to what I can ask the prospect; if you have any advice it would be greatly appreciated! 

The paperwork, the tenant communication, the financial tracking – it was all so time-consuming and stressful.

Whether it’s exploring new investment strategies or diving deeper into commercial appraisals, I’m excited to engage in meaningful discussions.In my spare time, I enjoy renovating properties and spending time with my family.Looking forward to being part of this amazing community and growing alongside everyone here!

It is great that you are doing some due diligence before jumping in.

How do I apply for section 8 in Michigan?