They care about the occupancy and financials a lot. 4. if you are going to run a owner occupied business out of the property such as adult care facility and you are considered 51% owner occupied you can do 20% down and really good rates. 

The business and law portion should be the same for the general contractors exam.

Hey Gregory - we do a lot of business with the rent by the room model in South Atlanta (College Park, Riverdale, Jonesboro).

I can speak to two of the ME mountains - I prefer the areas around Sugarloaf and Saddleback mountains since you also have the lakes there (Rangeley Lake and Flagstaff Lake) which drive more consistent business in the summer months as well.

As you gain experience and confidence, you can explore more advanced strategies like BRRRR or expanding into different markets.Ultimately, the best approach for getting your first rental property will depend on your individual circumstances, goals, and preferences.

The number of mom & pop landlords leaving the business soared during and shortly after this time.

I formed my business as a LLC in November 2022 my accountant then formed an S-Corp with the same business name in march 2023 NY state back dated my S-Corp to November 2022 I didn't know I needed to open a new bank account with my new S-Corp tax ID #.

I am a long time user of YNAB (You Need A Budget), so I will be creating my first business budget and I am excited!

The FTX bankruptcy is going to be a little more involved than an individual borrower declaring bankruptcy to halt a foreclosure sale on an NPL! 

Which means your RE is more of a full time job/business rather than a (passive) investment.