That experience gave me a solid foundation in property management and repairs.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

@Chloe SalcedoStarting your real estate journey at 23 is an incredible opportunity to build a strong foundation for your future.

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild withthe same kind and quality excluding the foundation)2.

Was it easier to dig the foundation with shovel, horse and scraper or with a track hoe?

I believe transparency and integrity are the foundations of any good business, and it's refreshing to see others are aligned with that mindset and practice as well.

Check for cracks in the foundation, condition of the mechanicals, any water coming into the basement, etc. 

PM is a great foundational skill to move you forward.

-Creates a solid foundation for passive income, allowing you to reinvest future cash flow into other opportunities without as much financial risk.Cons:-Ties up a large amount of capital that could potentially be used to generate higher returns elsewhere (like another STR or other investments).

With $135K in equity and options like flipping or investing out of state, you’ve got the foundation to make some big moves.A close friend of mine had a similar situation recently.