Michael Bowser If you are willing to put in the time and effort to do it yourself, Turbo Tax is a solid product for 1 or 2 rentals.

How I like to view things is from the different levels of financial independence:- cash to cover spartan level expenses  like some have mentioned or just bare sustenance  (food, shelter, medical insurance)- cash flow to cover all basic bills (prior plus utilities, cell bills, others)- cash flow to all basis lifestyle and min reserve tucked away as well each month (min reserve, subsequent levels can bank more reserves)- cash flow to cover all basic, additional reserves and growth of future lifestyle increases- cash flow to cover additional lifestyle, reserves, and additional margin to grow other areas of life style, hobbies, and investments well (self funding deals, self fund rehabs, and other activities)At the last level and subsequent higher levels from here and on you can self fund from cash flow alone and "job," not is never needed again but depending on your personal preferences for lifestyle and risk you may work forever to stay busy or may quit the job at steps 2-3.I enjoy what I do as a lender so perhaps I just lower my production down to 2-4 loans a month and just help my past clients and referral partners.

@Jonathan Valle You can search the forums for probably 17 years and read endlessly on this topic and realize that everyone is going to have a different answer.Things that people seem to mostly agree on. 1) If you invest in your own name you can get better mortgage products.

Where you go depends on the kind of product you're trying to produce.

Or you could Sell as the LLC, do a 1031 and buy as the LLC two separate properties or 1031 qualified products.  

All very impressive and the finished product looks like it was very well done.  

Hey Chris, I can say I'm very happy with Rentec, and was displeased with both the product and support when I tried Buildium. 

I went to the city hall to pick their brains about what might work best on this parcel (they took me seriously even though I indicated I was new to this), and they suggested that any low-income housing would be rejected- and the best way to get proposed plans to go through would be by building a product that appeals to young professionals & graduate students (location is super convenient to local university.)

(and I got my contracts with that package).You want to disagree with the fact that if someone put effort into putting a product together that would actually help its users and said product took time money and effort to put together selling said product is blasphemy?

You are using logic and these people are irritated that the big bad rich billionaire developer is coming inAll of their responses are a product of you trying to focus on why you should be allowed to build two.