Our household income is currently $320k pre-tax, but I might be getting a new job soon, which could bump our income to around $380-400k pre-tax.Initially, we planned to buy a property and convert it into a duplex, but with houses in our area starting at $650k, we've started considering a different approach.

At first I learned "use an LLC," no brainer, then I started learning more and now it's not a no brainer. 

The only thing is that I don't know where to start.

Choose a few markets that have strong rent demand on LTRs to start and then do your research to determine if it’s a good MTR market / works with your business plan 

I guarantee people would lose their mind, and the government would get involved, if hotels started charging everyone cleaning fees.

They will have have some rights ask if the current owner provided a Notice of Sale which would start the clock on eviction timing. 

Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant  (some of them were even on this network of people):  don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and  I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....   

Hello,I am getting started with my real estate journey.

Just starting out wholesaling in staten island.

In my experience sometimes a business plan can take a year, and this is especially true if you do not have a chart of accounts to start with from an ongoing business with numbers associated with it- I mean cash flowing through the accounts overtime.