Dallas-Fort Worth offers growth and opportunity, but smaller markets like Sioux Falls or Des Moines provide stability.

Specifically, I would love recommendations on the best NMLS-approved pre-licensing courses for Texas, as well as insights into mentorship programs or mortgage companies that actively train and hire new MLOs.

If you plan on being a very active investor, it's possible but you will need to keep the velocity of your money up high.

The average rate on a 30-year mortgage slipped slightly to 6.76% from 6.85% last week, according to mortgage buyer Freddie Mac.The number of homes actively for sale grew 27.5% compared to last year, the 16th straight month of growth.Newly-listed homes increased 4.2% year-over-year.The median price of homes for sale in February fell 0.8% to $412,000.Realtor.com also reports a growing number of listings with price reductions, with 16.8% of sellers cutting prices in the month of February.How long before we hit equilibrium? 

Quote from @Jinglei Shen: For your clients who receive their money back after two years, does it mean the contract was active for 2 years, seller lock in that contract can not sell the property to any party during two years?

One was actively investing in a property that was in PA but significantly far from where I live.

They would also provide the funding and renovation funds at 7%.  

I look forward to learning from your experiences and becoming an active member of this community.Best regards,Logan S.

STRs – Best for Reducing W-2 IncomeIf you prove material participation (500+ hours), STR losses from bonus depreciation & cost segregation can offset W-2 and other active income—a powerful tax strategy.

It is now treated as a former passive activity and those prior losses can only offset income from that same activity going forward.