You understand some of the basic concepts, but also have some giant holes in your plan.

Definitely join your local chapter of REIA (real estate investors association) or join one of the ones that are fully online (Columbus and Cincinnati).

. :) Wishing you the best in your business. 

The software steers you through most of the data entry.

This deal doesn't meet the 2% or 50% rule of thumb, but it has positive cash flow and is in a growing market, according to the latest 2024 Top 100 data from BP. 

I know many investors go out of state for buy and hold properties to generate passive income, but is Blythe a lucrative market?

I've done all of the above, so DM me if you'd like to discuss in more detail.

Me and my wife have decided to sell our first duplex deal after 4 years of holding it we have built over 250k of equity wow ! 

@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Rong TanThe last I heard is the City of Cape Coral has halted all new building permits for now so they can focus solely on rehab permits in the aftermath of the hurricane.