Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

So, scope out the competition on #1 & #2 above to understand what the rental or sale market expects.- You will lose money if you go overboard!

Rental property owners expecting high occupancy may need to adjust their timelines and rental projections.On the flip side, this delay also presents a unique opportunity for strategic investors.

Do you need an S-Corp depends on your overall tax situation and profit you are expecting form this flip.This post does not create a CPA-Client relationship.

For anyone starting out in real estate, I hope my story gives you a sense of what to expect (the good and the bad!)

Either way, you have to sign an agreement if you expect to have an agent show you any property. 

Whether you sell your properties or not, having a brand helps define the customer experience a little better  because people start getting to know your brands product and what to expect.

I would just set that expectation up front.

--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Transitioning from builder’s risk to a regular property insurance policy might be the way to go if the sale takes longer than expected.