Contact the utility provider and get a historical average based on the last year of use.

Hi, it's me again. We bought a pre-construction house where we're moving to but that we intend to rent out after a few months. Which upgrades from the developer are worth it and which ones are to avoid? I know that th...

However, some DSCR lenders provide better terms for properties held under LLCs in terms of rates and terms.

Because 99% of them are run by one “guru” who is in it for money.A true mastermind to me is a group of people all with an expertise in an area that they can share knowledge and provide ideasOne “expert” with 20 newbies paying a monthly fee is not a mastermind

Beyond preparing your taxes, they can provide insightful advice on optimizing your financial structure, identifying potential deductions, and strategizing for future investments.

To be more transparent, if a home run deal is on the table, they will likely toss it to one of their past clients who provides them a lot of business.

Flexibility: Operating solo provides flexibility in terms of project selection, timelines, and exit strategies.

Here's a breakdown of your options:Option 1: Buy a Duplex and House Hack:Pros:Opportunity to build equity through property ownership.Potential for rental income to offset living expenses.Experience in real estate investing and property management.Cons:Market conditions may make it challenging to find a duplex with positive cash flow.Limited flexibility if you decide to move or expand your real estate portfolio.Option 2: Buy a Single Family Home with Airbnb Potential:Pros:Potential for property value appreciation through renovations.Airbnb income could help offset mortgage costs, especially during the summer.Greater flexibility in terms of future use (long-term rental or full-time Airbnb).Cons:Airbnb regulations and demand can vary, requiring thorough research.The seasonality of Airbnb income might not provide consistent cash flow.The initial cost of renovations and potential difficulties in property management.Option 3: Rent an Apartment and Wait:Pros:Flexibility to wait for more favorable market conditions.The ability to save money for a larger down payment or other investments.No direct responsibility for property maintenance.Cons:Potentially missing out on current low-interest rates.Renting doesn't build equity, and rent prices may increase over time.Additional Considerations:Market Conditions: Keep an eye on the local real estate market trends.

My strategy this year is to simplify my world, and sell off all my single-family rentals, and one duplex.More than happy to connect with you and provide any insights I have.  

It can provide you with a number of benefits, including lower maintenance costs, fewer repairs, higher quality tenants, and the potential for appreciation.