I don't think the future will be kind to the investors who bought cheap houses in a big community of other investors. 

My wife and I are real estate investors based in Katy, and I/we are looking to connect with local investors, real estate agents, property managers, and contractors in the area.

For your GA LLC, filing correctly is crucial since you're based in CA and may need to handle multi-state tax filings.A real estate tax accountant can guide you on deducting renovation costs (likely capitalized rather than expensed for a flip), managing depreciation for investment properties, and tracking expenses related to your flip.

2025 is here and now almost 1/12 over...I want to connect with more investors within the DMV.A quick bio on me:25 y/o Agent-InvestorOwn 20+ unitsStrategy: BRRR and seller finance, (only when I need cash) flippingI got my start back in 2020 when I did my first house hack.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Would love to hear your thoughts on whether pursuing this adjustment makes sense or if I should reconsider.For reference, I’ve included the following assumptions in my calculations:5% for maintenance3.5% for vacancy10% for capital expenditures and management feesThanks! 

For starters, I recommend to begin with a single family home or if you are looking to start locally, do house hacking. 

We purchased the house about 3 months ago and are owner financing it.

Started the process on 1 house in Cape Coral Nov. of 2021. 

@James Orystart with a house hack