Eventually will look to hand off to a professional firm as it grows (and can support the margin loss to having to pay for a bookkeeper).

If you want to buy and hold a good investment like a lot of people eventually want to do I would suggest finding a deal that cash flows much better like a tripleX or more In a less expensive area.

If we do end up in a bind, we can't necessarily control what our tenants can pay, but we can control our own steps for preparing for that eventuality.

Yes capex is defined as major repairs that you will eventually have to pay for.

You'll build up a pipeline of folks to keep following up with who will eventually become buyer, seller, and/or investor clients.Best of luck to you moving forward!

I do think LLC is eventually the goal I just don't want it to be something I am overthinking that keeps us from our next deal.

So I am looking to build capital and buy properties (house hack-let someone else pay my rent lol) and also rentals but eventually get some land and put shipping containers on them.

Deals are thin but if you keep at it, then eventually you will get a home run.

I'm ideally looking to find an investment property where I can leverage my own sweat equity and get my feet wet to eventually list the property as a rental.

I thought I wanted to wholesale and make the "quick money" but I already work really, really hard slinging steel around building schools, power plants, hospitals, bridges, etcetera and realized that I want to own multifamily rental properties on my way to financial freedom and eventually my dream homes.