Readers are advised to seek professional advice.

I am primarily hosting traveling medical personnel because there is a lot of demand for these professionals in our area and because my units are suited to their needs.

There are a couple of unique tax laws to real estate investors - 1031 exchange, bonus depreciation on certain improvements, Qualified Opportunity Zones, real estate professional status, etc.Make sure that the accountant you interview to understand the above concepts.best of luck!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Principle pay down and appreciation are the main drivers behind my strategy, and I focus more on IRR instead of cash flow.

If there are any recommendations/referrals to established professionals in that market and you are willing to share them.

Readers are advised to seek professional advice.

.- I prioritize building strong, professional relationships with my buyers by taking the time to understand their needs and goals.

Here is my experience, I once sent out 5,000 beautifully designed, professionally printed post cards and got zero calls.

If you are raising capital from people you don’t have a prior relationship with, and even people who you do, they would regard you as serious only if you had a professional prepared PPM and Operating Agreement.