That does not match what I believe the rules state. 

Hey Bigger Pockets family. I first want to say that I am a new participant in the community but I have followed you guys since Brian ran all the pods(Ha!) In my short time, the feedback you guys have so freely given h...

Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44). 

And I will state different jurisdictions have different rules, processes, expectations, etc.In my area you are required to have a permit to swap a water heater.

G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

I'm currently moving into the commercial world of real estate. I think that this niche pays off a little better than SFH's. I can find the deals through certain websites and other resources, but i hav barely a clue on...

@Seidy Lasker Wash sale rules apply to stock options if they are deemed "substantially identical" to a security sold at a loss within 30 days, such as options with similar expiration dates or strike prices.

Dodging Toy Shop RulesIf you run a shop (have a license), you’ve got rules.

You have NO leverage, no matter what he builds or does not build, except for the developer saving some money in legal fees and cutting down on mesne profits damages.