Yet as the owner, I am still covering the cost of any maintenance and repairs, so who does this really benefit?

Hi Robert, I always look at the rehab and deciding what I can do vs the opportunity cost of spending my time elsewhere.

This is a great look cost preventative maintenance thing It also allows you to "inspect" your property periodically

You can either put the portfolio into one LLC or create two LLCs, one for each property.Getting a good SEC attorney is more important than the cost. 

Generally these will have a shorter maturity and higher costs. 

Now you know, you need to send out 5,000 postcards to get those five deals..You will know the cost of acquiring a customer/property after all this..

@Austin Williams - Leveraging a VA loan for a house hack is such low-hanging fruit for financial freedom.

A deal that’s “close” but not quite right can still cost you big.

AI is not some magical, all-knowing miracle that can pull leads out of thin air.AI is simply a faster, more hands-off way to find the same low-quality leads you get from DMM, cold calling, and SMS marketing.You’re not improving lead quality—you’re just finding bad leads faster.

Purchase price: $317,000 Cash invested: $55,000 I acquired a Quadplex in 2021 with an FHA loan, investing ~$21,000 in down payment and closing costs, plus $30,000-$35,000 in remodeling.