I think I'm still 4-5 months out on closing on my first property so I can get all of my ducks in a row. 

Were you able to do it in 10 years or less with rental properties?

I included in the proposal the benefits for the landlords, such as no worries for vacancies, a 5% profit share on top of the rental rate and the provision of a professional cleaning team for their property.

I also want to build a simple website for the property.

I’m wondering if anyone has had any experience with either owning or building multiple ADU’s/cabins on a single property in the state of Vermont.

This can be fairly straightforward, depending on your agreement and if a partnership return was ever filed, you'll want to report half or your portion of the basis in the property as well as half the sale price minus expenses.

@Micah Loewen I only pay for one dumpster out of 8 properties.

I have heard so many things... 1 property per LLC or 10 properties per LLC etc... one LLC per state...Looking for advice from investors already using LLCs for rental properties.

The Seller did not want to Seller finance the property.

The great divide” is between purchasing real property for CASH FLOW, or purchasing real property for CAPITAL APPRECIATION.IKnow, I know, the two are NOT mutually exclusive.