Eliminate debt, establish a budget, and save.

I hope to retire in 9 years, so debt elimination or cash flow matching debt payments is fine by me.

The goal is to assign contracts to investors while highlighting the potential for growth and earning assignment fees.Goal 3: House Hacking (Florida)In Florida, I’d like to purchase a duplex or multifamily property, live in one unit, and rent out the others to reduce or eliminate my mortgage, allowing me to enter the market with minimal living expenses.Goal 4: Buy and Hold or Wholesale (Florida)For my second Florida goal, I’m deciding between buying and holding properties in developing areas (similar to Texas) or wholesaling properties in areas with high rental demand.Looking for Feedback:•Are these goals realistic given current market trends in Texas and Florida?

There are so many ways to make a mistake during the process and so many ways to leave money you’re owed on the table, especially with loss of income claims.

Learn from the mistakes but there will never be all the information to make a 100% risk free decision.

Eliminate debt, establish a budget, and save.

Mistaking gap lenders for HMLs.

Requiring xyz% of new housing to be affordable....find me the studies that indicate this will actually lead to housing affordability....eliminating the 10 year tax abatement that unlocked revenues that are 10x what the city of Philadelphia would've collected on many parcels that would never have been developed if not for the 10 year tax abatement etc.....

Building relationships and learning from others can help avoid costly mistakes and ensure the property will cash flow or break even in worst-case scenarios.Good luck!

I have found that that is a mistake that a lot of new investors make.