Who's going to ensure that this policy is in place?

If you’re doing multiple flips each year, you should be able to find one who offers a fair fee while ensuring your interests are protected.

They can also help navigate any IRS regulations related to co-ownership and rental arrangements with family members.Investing in specialized tax advice can help ensure you’re fully compliant and making the most of any available tax benefits.Hope this helps! 

As Min Zhang suggested, making sure you have a reliable property management company is key and can ensure you aren't dedicating any extra time to taking care of this asset when you already have a job with demanding hours.

This helps ensure you’re focusing on leads that are more likely to convert.Outreach Automation: Automate your outreach with tools like batch texting or email marketing platforms.

This may be easier to find in smaller towns or rural areas.Growth potential: Research areas with growing populations or emerging business districts.Tax incentives: Some localities offer incentives for small businesses or specific industries.Infrastructure: Ensure reliable internet and necessary utilities for your business.Potential locations to explore:Atlanta suburbs: Consider areas like Decatur, Marietta, or Lawrenceville for a balance of affordability and proximity to the city.South Carolina: Look into growing areas like Greenville, Rock Hill, or smaller towns in the Upstate region.North Carolina: The Research Triangle area (Raleigh-Durham-Chapel Hill) offers opportunities, as do smaller cities like Asheville or Wilmington.Remember to thoroughly research local building codes, zoning laws, and business regulations in any area you're considering.

Ensure your finances are under control, completely.

Structure a lease-option deal to protect your credit and ensure a good payment history.

This waiting period helps ensure that the loan meets their guidelines and reduces risk for the lender.

Hey Tyler, It's important to work with a real estate-focused accountant, especially as you begin managing rental properties, to ensure you're taking full advantage of available tax benefits.