The translation to this in real estate would be, a highest performer of a brokerage, (after learning the ropes and killing it),then creates their own brokerage.

Consider the "2 of the last 5 year rule" to avoid capital gains.

I currently work in the turnkey investment world helping investors create a real estate portfolio, if you are ever interested in trading different strategies and goals, I'd love to connect! 

For BRRRR, focus on the 70% rule to build equity.

You are taking over for someone who didn't care at all about the rules and you want the city to just be like, "yeah, this is fine"?

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

We created the Academy as a way to help those that are "on the fence" about when or where to purchase investment real estate as well as to help those that wanted to learn more about investment real estate prior to investing.

Each town has different rules regarding rent control. 

There is no such absolute rule or mandate for REI - it is up to you on your comfort level with your cash flow versus total investment versus appreciation potential.If I followed that rule, I would have missed out on a LOT of great opportunities over the years.We bought a house in Jones Valley in 2017 with negative cash flow - why? 

In the time it took you to create an account on BP could have yielded the answers you’re looking for.