Buy and occupy for 2-3 years, improve it, and sell it tax free (up to $500k if you and your partner both OO for 2 yrs) so you can move onto the next one.Starting to think team house hacking might be the primary way for folks to make this model work nowadays.

While having a coach is beneficial, building a team is even better.

Hi BP family,I am a new investor looking to expand into fix and flips in California with financing and construction team in place.

Building a team to BRRRR can sometimes be a struggle.

You skipped the step of FIRST getting your team together, namely the REI Realtor, didn't you?

You 100% do NOT need a PM if you have a team on the ground.

I am on the product team and helped roll out the Featured Agent program.

If you aren't sure who to choose from, ask each of them for a meeting/consultation to break down your goals, the market, and the acquisition process.Once you've selected one, have them draft the offer for you and take it from there.The best agents are responsive, knowledgeable on the local market, have a strong supporting team (i.e. lenders, title, inspectors, title, etc.), and know how to put together a deal.As @Michael K Gallagher mentioned, you'd want to clarify whether or not your agent is also representing the seller.

@Audrey Sommer it will be challenging to match what a PMC can do.Example: we post to around 30 websites via syndications via two software programs we pay for and also have a marketing team that manually enters a few.The Zillow Group is probably the easiest for a landlord to use.

You can always ask your tax pro if you're unsure.To give you an idea, I built an extensive flow chart for our bookkeeping team to help decide if something should be capitalized or deducted for a rental property and this became our SOP for capitalizing vs deducting.