I would be careful of the folks on here that strictly invest in section 8 as there are a lot of pitfalls when working with government entities and low income tenants.

@Peter Morgan @Aaron GordyThe supply and amount that will exist are imbedded in the code - no one can change this.

I dont think it is, @Melanie Baldridge feel free to jump in but foreign assets like this usually follow the tax code from that country.

It's important to factor in HOA fees, which can eat into your cash flow, and to carefully look over the rules set by the association, some have strict rules on rentals.

Baxter, Esq.JGB November 2023 NewsletterIn March of 2023 the Internal Revenue Service made Revenue Ruling 2023-2 clarifying their interpretation of Internal Revenue Code (IRC) § 1014 regarding irrevocable trust basis adjustment at death.

Remember that finding a Realtor is relatively easy since they are all motivated to find deals for you and must adhere to a code of ethics.

As mentioned banks have very strict underwriting requirements and will finance but they have limits to what they will finance.

Hi @Tanner KimuraAs you begin to try and invest in different zip codes and areas I would recommend using this website:https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FSECONDLY One thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

I’ve tried to look up municipal codes online in regards to rent by the room and limits on unrelated people living in the same home and have had no luck.

If have inquiry from Furnished Finder, I have an email ready to send them with next steps, usually with background check and information to send deposit, first months rent, etc. and once they agree, i'll send them the door codes.