Quote from @Ana Maria: I am a first time real estate rental property investor.

Hey Timothy, What part of NJ are you looking in?

Hi everyone, I am a full time investor in Kansas City and my wife is Canadian (from Edmonton).

I would suggest making sure that you are following a set format/style of house each time you flip to systemize it more2.

For a first-time investor though, I'd seriously consider starting with a turnkey duplex.

For the most part all you do is monitor your bank account.  

I work with these two:Metro Detroit Property Management - Mark HutterNHL Property management - Howard GenserThere are a tonne of companies and each one has had good and bad experiences, so no one in particular stands out.One part of the equation is that the Detroit market itself is a tough place and is not for the novice investors.Only seasoned and large volume Investors make it successful in Detroit.

We are excited to be a part of your investing journey to help you reach your goals. 

The good ones always seem over time to move on or disappear.

I plan to consult a tax professional but before wasting anyone's time I would like to ask whether I can technically claim the property as a rental in 2024 even though our first contract started Jan. 1, 2025?