Its also a great way to increase values in a market since newer homes sales offer higher sale prices.

In a really good market, an investor can achieve 1% of the money invested.

Market forces are pushing and pulling but not a source of anything breaking.

Hiring the right GC is key to getting the property market-ready efficiently.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

Next property will find a professional Realtor who is experienced with marketing their listings and closing deals.

They work well in areas with steady rental demand like suburban neighborhoods or cities with strong job markets​​.Considerations: Your property management needs will be lower, but rents may rise more slowly over time compared to short-term options.Short-Term Rentals: High Risk, High RewardAdvantages: Short-term rentals can generate significantly higher nightly rates, especially in vacation destinations.

Would love to network with some people to get to know the area and the market a little better, as well as to hear about your experiences.

Out-of-state investing in cash-flow markets or partnering with experienced investors for passive returns are also great ways to put your capital to work.

I have found some of the best contractors from Facebook groups in the local market for example "Real Estate Investors of Oklahoma City".