Hello,
I'm a real estate agent, just hit my one year mark a few weeks back. I got into the industry primarily to learn about real estate investments specifically long term rentals/ the BRRRR method so when it comes ...

RE Conference session on 'Get the Lead Out'. 

Being out of state, you will want an agent who has good relationships with reliable inspectors, title companies, contractors, property managers, lenders, wholesalers, insurance agents, other RE agents, etc.

A great way to start is by attending RE events and joining a local investors association.

Still would wait on refi's too, but good to see the blunt instrument beating the RE market has been put back in the closet.

Glad to hear you're making the leap into RE Investing.

I'm not 100% sure on this either, but I believe the way that it would work is you form the LLC first and re-title the relinquished properties into the LLC before sale.

Others 15 yrs, etc.So we depreciate a portion of the asset costs faster.We do the study and get dollar amounts assigned to different parts and different schedules to front-load depreciation.Now you can get 5 or 6% of the value as a deduction in the early years...But wait... there's more.Bonus depreciation allows you to deduct a certain percentage of cost in the first year an asset is put into service.Anything that is on a schedule of 15 years or less...So the doors, sidewalks, HVAC, walls, latches, curbs, security, gates, etcA % of this stuff goes in Yr 1.For years 2015 through 2017, first-year bonus depreciation for these items was set at 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019, 0% in 2020.But then the Tax Cuts and Jobs act moved this percentage to 100% from 2017 to 2022 and 80% in 2023 and 60% in 2024.Its not uncommon to allocate 30% of an asset cost to items that can be depreciated on a 15 year or faster time frame.So now 60% of that 30% of your asset's cost can be depreciated in the first year, excluding land.Pretty great.This is how real estate owners, investors, and operators make millions and pay very little in taxes compared to W2 employees.They pay even less and can offset other types of income if they are an RE Pro.

I am new to RE investing.  

Investor buys in the example 2&3 market, but continue to operate the rental after the appreciation event occurs rather than sell and re-invest in an asset that will generate a better rate of return on your equity.These are the possible outcomes for 99% of SFR investors.