“All these folks are very educated and very smart, but they’re not necessarily educated in finance,” he says.Some investors admit they hadn’t vetted their investments that closely, saying they didn’t read the pages of documents outlining the investment terms.

So you can take that off the table.Buying an investment property first would be smart, but you can actually set yourself up with a unique option if you do it correctly.

A smart lock on wifi with no intervening Zigbee/Z-Wave or Matter hub will eat up battery power.

I would tell you to get really, really smart on self-storage, mobile home parks, or something that can be run by a low-skilled employee and pretty hands-off. 

I was losing my offers to mostly all-cash buyers, and also they were going higher than I wanted with their offers (usually because I had a ROI in mind) - I was not smart because I think I was thinking the low rates would last a while.

Generally, I find that anyone spending a ton of time on one property decisions are not usually worth the time, but you are smart be seeking guidance.

Here’s why it might be a smart move:Maximize ROI: With leverage, you can control a larger asset value with a smaller initial investment, potentially increasing your returns as the property appreciates.Preserve Liquidity: Keep your cash available for other investments or emergencies while still participating in lucrative real estate opportunities.Tax Benefits: Deductible mortgage interest and expenses can lower your taxable income, enhancing profitability compared to an all-cash purchase.If you have the means to buy with cash initially, you can later refinance to unlock equity for further investments or improvements.

Less time dealing with repairs frees you up to focus on managing your growing portfolio – that's a smart strategy for building legacy wealth.Section 8 was exactly what I had in mind for acquiring tenants, so it's great to see we're on the same page there.

I was young when I started too (I'm only 21 right now).Given your goals and time constraints, starting with syndication deals could be a smart move.

If you're going to reinvest into another property, this might be another smart option.Good luck!