Over the last month or so, I took the required 90-hour broker pre-licensing course online, passing the course and also the Indiana state exam just last week.My plan is to never quit my W2 job, as I have a good, steady income, insurance, 401k, profit sharing, etc.

Two quick examples:Changing a toiletLabor = Assume 3 hours at $50/hr = $150Material (wide range, assume something cost effective) = $150This looks like a $300 job and a 50-50 split in labor/material Painting the interiorMaterials = $500Labor = crew of 4 x 8 hrs x $30/hr =960 (Assume 1,000)Total cost  = $1,500 (Material 33%, Labor 66%)In general, I agree with adding incentives in order to complete the work. 

Say you have a toilet problem or a simple fix. you would have to drive 4 hours total to maybe fix a 15 minute job.

At the time I thought I might be potentially making the financial mistake of my life and I did not know anyone local to validate what I was doing.While the cash flow was nice and I had proof of concept I found that a duplex required more management attention than I could handle with an international job and gone most of the time.

If your house hacking it's a no brainer but I personal think self managing is giving yourself a job..

I'm a carpenter in Louisville and I'd be happy to give you a quote for these framing tasks as well as any other carpentry needs you might have along the way. 

First, the home looks magnificent - congrats on a very nice job on the rehab!

I want more control over the success of my investments.It’s really hard to grow your business if you are using money from your day job to support your rentals.

I make a decent living off of my regular job but like I said have to back up for the rainey day.

It was my understanding that I can count the rental income as "LLC income" if you will, and file separate from my W2 job, thus avoiding moving up to the next tax bracket.