This will help you make informed decisions about future investments and optimize your portfolio.Scale your investments: As you gain experience and confidence in real estate investing, consider scaling your investments by purchasing larger properties or expanding into different markets.By following these steps and staying disciplined in your approach, you can successfully invest in real estate and build a profitable portfolio as a software engineer.

However, if you proceed Id suggest you do it for yourself first and over time, if you get confident in it then bring Mom´s money in.

My goals align with those of your group, and I am confident that my skills and expertise would be a valuable asset to your community.

Establish good communication and relationships with your tenants to foster a positive renting experience for both parties.

Generate my own personal estimate for each line item and ALSO a % confidence I have in that estimate.

I finally paid a guy $2K to empty it and clean it up a bit and sold it through a wholesaler for $10000 to a young, big-talking investor from out-of-town who was positive that all he needed was some basic repairs (that he confidently told me he knew all about).To date, that property is still under renovation.

I know how to structure deals so I have some (even if low) while I am confident of vast appreciation.

Or should I be more confident?

I'm excited to get started on this project and I'm confident that I can do a successful flip with the right team of people around me.

There are several investor meet-ups across the state where you can meet someone with the experience and willingness to help foster your development idea (or at least connect you to someone who can).