But your goals, timelines, etc are not outlined at all.Common issues I see on these forums: everyone thinks they are getting a little cash flow, but over the long term, they are a) not getting as much as they underwrite and/or b) typically hurting long term value by creating cash flow through deferred maintenance.  

"I made $3000 off rental property A last year if you don't count repairs or capex!" 

And as long as you own that property you'll never pay the tax. 

I think it is fine as long as their belonging are covered under someone's renter's insurance, but would most people request each individual tenant's have their own Renter's Insurance?

They also mentioned to realistically expect my accounts to not run smoothly and orderly until 2025, which I totally understand because of my disorganized bookkeeping the last few years.

Full article link: https://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...After a decade of relative stability in mortgage rates, the last few years have seen unprecedented volatility and changes in mortgage rates.

How long have you been an investor? 

As well, there is another group doing it at 90 if you wanted to wait that long. 

Thanks Sean- so as long as I own both the land trust & property mgmt LLC and also meet the material participation requirements then the hours for material participation just retire to the property itself the fact that I am earning the hours while managing the LLC doesn’t matter correct?

These aren't ranked in any order - just based on boxes checked for cabin searches for the last 12 months.- Mountain views- Onsite fishing/waterfront- Game room/arcade- Wood burning fireplace- Access to pool/swimming- Hot tub- Outdoor firepitIf you have a great mountain view or are waterfront, you are definitely starting out on 2nd base.