New to long-distance investing
I've been learning a few different real estate markets and am motivated in long-distance rental properties.
I started with tax deed auctions that Ted Thomas taught, but that market seems to be flooded to the point where consistent income seems impossible, or at least a struggle.
I next moved to owner-building. I have the instinctual man-drive to build my own shelter ⚒️. Although, that seems like you need to have more money than I have access to, plus it seems like a slower income than I'd like. I still am interested in building houses for myself to live in.
My mother made so much money in the 80s and 90s with rental properties only for a problem with a general contractor to cause her to go into bankruptcy and loose everything. My family never recovered and my parents died with a social security income. What's odd is that that contractor was the father of the two boys I played waterpolo with in high school. I think my mother thought since he was part of the community that he was trustworthy. I feel like he sent his boys to college with my college money.
Anyways, here I am ready to redeem my mother's memory and legacy.