While I own quite a few rental units already, I thought condos might be a good option to gift to my kids when they turn 18, offering them a safe introduction to property ownership without too much risk.However, my challenge with investment condos is that the cash flow always seems terrible.

Being young will present challenges in a field where experience is highly valued not just with lenders.

I'd also find out who handles the listings and what they charge to do it.

One of the challenges of beginning wholesalers is they do not have a buyer's list.

Quote from @Meliisa Lee: I’m navigating a divorce and need advice on handling rental properties we co-own.

I am not in the flipping market but I handle multifamily transactions for buyers and sellers who are very transactional.

Avoid common pitfalls like underestimating costs or tenant management challenges by planning conservatively and staying proactive.

As many cities require insurances for any rental properties, this will be very challenging for market being affected.

It’s a bonus if the bank offering the HELOC also handles BRRR loans — they’ll be more flexible and accommodating when it’s time to pay off the HELOC with a new loan!

2) How did you structure your first deal, and what challenges did you face?