Examples of pitfalls include purchasing in an undesirable area, not understanding the market values (vs. list prices), not knowing the rental values (current and market), inheriting bad tenants, buying a lemon, going rogue on renting and management with no contacts / systems / no legal understanding of PA and Municipal landlord-tenant laws, not having trusted resources and contractors in place, using out of state lenders or shaky financing, throwing lipstick on a pig when renovating a house and wondering why it's ARV isn't increasing, tenants are renting, etc.

If you're comparing all markets to just one, especially Orlando right now, it's no wonder you don't think STR are a good idea.

One idea I have is to "shadow" a real estate investor (although I am not entirely sure how to go about asking for / finding this kind of opportunity), but I am wondering if anyone has insight into other ways to gain a comparable level of experience.If anyone has insight into any or all of these topics, I would greatly appreciate the feedback.

Wondering if it is worth amending my last few years taxes to change all of those purchases of appliaces from depreciation to expenses to avoid future depreciation recapture upon sale.

Hi Mike,First - thank you very much for sharing these wonderful examples.

We're going to furnish the property and I was wondering if anyone has done this, and if so what credit card do you recommend?

was wondering if there are ACH service that is free out there.Thank you

Hello All,As a new investor, I was wondering if SA is good location to invest in?

I know this has been spoken about before but I am currently working on building tiny home developments, like multifamilies using tiny homes throughout the country and was wondering if anybody else is doing the same or has interest.

I'm wondering how a lender factors these rental properties in to my ability to get a  personal HELOC?