I am currently 36 years old and planning to start my real estate investing journey this year.

Additionally, strong tax planning is essential, as your W2 income limits your ability to deduct passive losses.

Maintenance hasn’t been too bad so far, and I recently made the decision to sell my business, so now I’ll be living off my rental income.My question is: What should my plan be from here?

It sounds like maybe you are planning on moving out next year, in which case, maybe it makes sense to wait to start investing until then so you can take care of down payment assistance and grants. 

Hi Perry, getting an LLC would be smart if you plan to scale your portfolio.

This can be good because your realtor will be using them as a resource to help you plan your 1031.

I feel like right now is one of the hardest times to find deals, but I still want to start asap and go slow and steady, with a long term plan.

I’m starting off wanting to get into a primary residence that I plan to house hack and then figure out the next move into investment properties but that’s down the roadwith all that said, are there other ways that im not thinking of to 1.

Any advice would be appreciated.I would first talk to a real estate attorney or a foreclosure attorney to make sure that the way you plan to do things passes muster.

Cash for keys is probably not effective since they don't have anywhere to go [most LL are not likely to rent to them] however, I plan to have that conversation and offer any assistance with moving.Thanks again