Establishing your team is crucial to a smooth start in this market.

Double-check local regulations, but you’re likely fine without one.This post does not create a CPA-Client relationship.

Still learning to use this platform:) To answer your question, I would like to stay clear of the metro and national fly to markets due to their volatile ST regulation structure. 

To answer the 3 year concern it helps establish trends for the business, and tell me how well things are going, better, the same or worse over time.

I would suggest establishing teams in both markets and evaluating which one generates leads that align with your investment criteria.

I am in the process of creating my business structure, establishing business accounts, and all around finding the right team of people to support my efforts without falling on my face with my first purchase. 

However, structuring this in a way that complies with tax law would likely require expert legal and tax guidance, as it involves partnership agreements and IRS regulations.

Eliminate debt, establish a budget, and save.

Plan your house hack by running cash flow estimates, checking rental regulations, and planning for FHA or Conventional loans.

I’m establishing a solo 401k to invest in some flips and eventually multifamily holds.