I also have significant equity in my home, which I believe gives me a HELOC option for acquiring my first property to BRRRR or flip once I feel educated enough to  do so.The BP podcast has already taught me so much, and I'm gratefully here hoping to learn, share, and apply all you amazing people have to teach. 

I've seen a few clients get screwed when they acquired properties and State Farm had issues with their roofs (the roofs were fine!!). 

EVERY property has some deferred maintenance and unaddressed repairs, and so you'll have to deal with those when you acquire.4.

Since acquiring it, I’ve fully renovated the property and transformed it into a successful short-term rental on 5 acres of land.

Equitable Title: While the seller retains legal title, the buyer acquires equitable title, meaning they have a beneficial interest in the property.Benefits and Risks of Land Contracts:Benefits for Buyers: Lower Down Payment: Land contracts often require a smaller down payment compared to traditional mortgages.

Where/what platform do my fellow investors like to acquire alternate assets?

Look around these boards-- frauds popping up daily, misleading advertisements, posts about acquiring X amount of houses at Y cap rates only to be truly just wholesaling them, columbus cartel swarming, etc.

One of the largest competencies of REI is scalability through other people's time (OPT), often times carried out through PMs.If your goal is to own a smaller portfolio, then perhaps doing your own property management makes sense.If you want to acquire medium to large scale apartment buildings, then you probably won't even get a loan from a commercial bank without proof of using a PM with a solid reputation.

Now, I'm looking to venture into real estate investment for several reasons:Diversify my investment portfolioBuild generational wealthLower my taxable incomeMy Investment Criteria:Buy and Hold Strategy: I'm focused on long-term investments.Cash Flow: Not a priority for me; I don’t need the income from these properties, even in retirement.Acquisition Pace: I plan to acquire one or two properties per year.

If you don't already know him, connect with Michael Cuevas with Acquire Palm Beach - he's a broker in LW/WPB that does a lot with STRs.