In 2021, I became a licensed real estate agent, but my heart led me toward the thrilling world of investments rather than sales.Currently, I'm on the exciting journey of building up reserves for my first property venture, likely in an out-of-state market.

You'll gain valuable insights into being a landlord, property management, and tenant relations, and preparing you up for success in future real estate ventures!

There are certainly other advantages to an LLC vs a sole proprietorship, and personally, I would lean towards operating as an LLC or corporation in most ventures.

I used Capital One Venture X

I've had a couple of people suggest to me to 1031 exchange my SFH here to buy multi-unit OOS or many SFHs...sounds like huge headache venturing into the unknown and all those tenants, repairs, capital expenses etc. 

Plenty of deals still available in Buffalo, just know your neighborhoods and even streets as they change block by block.Best of luck with your new ventures! 

Many STR owners have ventured into MTR to supplement their income and we have far more supply than we did 2 years ago.With your desired price range of under $100k inventory is likely to be very limited. 

Best of luck on your new venture!

It looks very tough if it's a whole new venture for someone.

Rents together are: 2945k/month for LTRMarket rents after minor reno: 3400 for LTRCan mid-term rent these as well: 4800 for MTR/STR hybridReno: 5-10kSeller wants 60k (his perceived equity) in 2years, nothing down and no monthly payment.Seller wants a chunk in 2 years b/c he wants to start a new venture.  5 years doesn't interest him and I am not thrilled with monthly payments b/c there will be much transition.