That being said, Zillow is also the primary site in my market for rental searches, especially SFRs, so I have no shortage of tenants seeing my listing when it is available.The one downside, which is minimal, is even though the tenant pays rent through Zillow on first, and I get a notice that rent was paid, it can take 5-ish days to arrive in my bank account.  

Also, consider partnering with experienced local investors or contractors to minimize risk while learning.Let me know if you’d like help with financing or any real estate questions along the way!

There are losses due to vacancy during any turnover, but even that is minimal.

Supply Chain DisruptionsConstruction Delays: Global supply chain issues, particularly in construction materials, can delay new developments.

It's about alternatives and minimal monetary investment required to make things work.

Every month of delayed occupancy is a month of delayed rental income, while you are still paying mortgage and holding costs.

I would like to create an offer that would let me delay creating a mortgage and some type of annual or semi-annual payment for 3 years.  

A good CPA will identify legal deductions you can take to minimize your tax obligation.

The reason for the delay is because I initially thought I'd invest in low cost areas of California like Fresno, Bakersfield, Stockton, Sacramento, etc (due to being somewhat within driving distance of the SF Bay Area) but I held back because California's landlord laws made me very concerned.I didn't want to end up in drawn out court battles with a renter just squatting at a place I purchased with my cash. 

You can also focus on dividend growth stocks within your taxable account, as dividends can be taxed at lower rates, especially if you hold long-term.By balancing real estate with traditional investment strategies like bonds, stocks, and tax-efficient accounts, you’ll have a diversified approach that generates tax-advantaged income while minimizing risk.Let me know if you need help strategizing further or exploring real estate financing options!