There are so many avenues to pursue in real estate so it is a matter of starting with one type of property either multi-family or single-family. 

Tonight is the night, after months of work with the state, county, and city we are presenting a site plan for the city's approval and zone change.Normally, I would not pursue a zone change but when I originally went to the city and proposed storage units based on its current zoning they said they wanted more houses.

We are not pursuing a license on this property to do STR because we plan on moving within the year (hopefully within months!)

@Brandon Graham Because of the relatively low purchase price I would pursue Private Money. 

I hear the pros and cons of going with the bigger established brokerages and am torn as to which direction I want to pursue. 

I contacted my wife and she gave me the go ahead to pursue two more.

One of the issues I would certainly discuss with my clients who pursue REP/K-1 and cannot meet one of the 3 LP tests, is the fact that the IRS ATG takes a very firm stance that LLC=LP for 469 purposes:"Since each member of an LLC has limited liability, investors are analogous tolimited partners under IRC § 469.

Hey @Charity C MillerWelcome to BP and way to go on making the decision to pursue RE investing and taking back your time! 

Another thing that BP is great for is helping newer investors like Steven figure out exactly which strategy they want to pursue; so many different ways to make money in this industry (admittedly I am biased to micro-flipping as discussed on my BP episode).I do have to respectfully disagree that simply because I have now chosen to teach people how to successfully flip homes, does not somehow eliminate my ability or past success in flipping hundreds of homes over the last decade.

It's great to hear about your plans for pursuing rental arbitrage in the Houston area.