Purchase price: $530,000 Cash invested: $100,000 My journey into short-term rentals began after years of investing in long-term properties, but it was a podcast that opened my eyes to the incredible potential returns of STRs.

I could take on a job that pays a lot better, however, my current job gives me a lot of spare time that I can pour into real estate investing (at least 30 hours a week, potentially more at times).

-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband. 

In over 15 years of lending our money privately, here are the most common questions we are asked by potential borrowers.

Depending on the state, you have to take certain steps before eviction process can proceed.Read up on the state landlord/tenant laws and become very familiar with for future.

Then, if you can trend over time you'll want to see where the "path of progress" is going/moving and attempt to buy in that path of progress to gain some appreciation in the future.

@Kevin Bartel If you're starting in real estate investing with a high-paying W2 job and a demanding schedule, your best approach depends on balancing risk, involvement level, and income potential.

Angel investors might be interested, but you'll likely have to give up a portion of the ownership or future profits, and there could be potential complications in managing the investor's expectations and involvement.

@Marc Anthony MacielIf you're diving into house hacking and multifamily investing in Southern California, you’ll want to focus on markets like Riverside, San Bernardino, Ontario, and Long Beach—areas with strong rental demand and solid appreciation potential.

Section 8 housing done right is the way of the future for real estate investors in my opinion.