It's not a "passive investment" that's for sure--at least for me!

So in order to estimate annual return do you subtract note purchase price, say 75k.. and then divide by years remaining 9.3 then take average annual gain and divide by original price of 75k?

Meetups by far have been the most impactful thing in gaining my RE investing knowledge.

To gain equity with MFH, I'd recommend doing modern renovations in the kitchen and bathrooms (like you said).

So won't tend to find as many oppotunities that work to maximize equity gained like single family homes.For single family homes you'll want to stick to neighborhoods under about $225k ARV in order to have rent/price ratios that make sense on the backend for holding as a BRRRR.

We’ve all agreed that living together would be a win-win: they get to gain independence, and I get to start my real estate investment journey.

I’m continuing to put out plenty of offers on various properties and exploring different approaches to see what gains traction.For this one, I’m considering proposing a rent-to-own/deal finance contract with strict contingencies—something like requiring monthly photo proof of bank loan payment, with the understanding that failure to comply would result in a loss of equity of the seller.

No, as I mentioned I have LTR rentals but it's becoming difficult to keep buying these when I don't get any immediate tax benefits from them, I've bought two in the last 2 years and had to put out a bunch of money to get them ready, etc and not one cent of that is a writeoff for me until years in the future when I actually have passive profit, meanwhile I live in a high tax, high COL state.

IRS pub 425 says, "Passive activities include trade or business activities in which you don't materially participate.

However, upon finally gaining access to the home it appeared that the water was running from every faucet in the house.