We will expand the septic, add 3 bedrooms and 2-3 bathrooms.

If you are prudent, aggressive and the market remains steady I think you can be a millionaire in 5 years rather easily. 

I could easily tell you based on where and the property features for the Tampa area for example what your annual projection is and how I would see that breakdown per month. 

I am coming to the event to learn (always be learning---) and to expand my network  (always be expanding)---Reply to me here so we can connect in "Connect in Cancun"!!! 

Also I am thinking I can expand to Rhode Island, New Hampshire and Connecticut which are close to MA.

During Covid, the home could have easily went for $1 million.

I have a degree in Project Management and could potentially find a job in another market if it would better support my real estate investing goals.Here are the questions on my mind- Should I keep saving and wait to buy something locally in Rhode Island, Massachusetts, or Connecticut, where I could manage the property more easily?

Hi Jose.My properties are currently with PM's, but all of our properties are D class so I might be able to provide some insight.With D class, a lot of people don't have credit or even bank accounts, and anything on-line that they can't easily do on their phone isn't going to work. 

Cost segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.When a property is purchased, not only does it include a building structure, but it also includes all of its interior and exterior components.

I can easily see they are overwhelmed with the heavy demand.