My plan is to pay off my house as soon as possible using my military pay.

Plan to have an elevator or only offer less desirable stair access?

Hello all,Are there any upcoming/planned real estate meetups in new york city?

For your other questions:1 LLC per property often owned by a trust for estate planning purposesTrust/LLC won't affect your ability to get capital.

@Marcos Carbi  If you want to allow a payment plan, Tell them this is the best I can do:Pay $xxx cash by tonight at 8pm for November's rent. and then beginning Monday Jan 20, pay $450 each Monday (in cash?

@James Mc Ree most tenants aren't really serious about Payment Plans and will say anything to try to stay longer!

Meanwhile, Partner A’s Spouse is willing to transfer their 50% share to the Children but wants to retain a steady monthly income from the rental properties.Key Facts:Each rental unit currently generates $550/month, but market rates suggest it could be raised to $850/month.The Children will buy Partner B’s 50% interest using a bank loan at 7% interest.After the purchase, the Children plan to pay a minimum of $1,500/month toward the loan while holding excess cash in a reserve account.There are 3 properties.

Planning for property management, scaling strategically in one market, and being conservative with financing can also help avoid costly mistakes.If you're considering out-of-state investing and need insights on markets, property management, or financing, DM me and I’ll point you in the right direction!

It sounds like you've been more than understanding and accommodating with your current tenant, but it seems that her financial struggles and consistent late payments are creating ongoing issues.

Quote from @Jared Rice: My wife and I are aspiring first-time investors currently doing everything we can to educate ourselves and plan for our first property.