But it’s something I tailor the business plan to just in case.So your investor could get caught in having their loan called with not a lot of notice if things change.

How much is insurance of these properties?

And given #3 above, it leaves about 20% of rent for all other expenses like property tax, insurance and other PM expenses like leasing fee, eviction fee and other minor expenses like for e.g landscaping, pest control etc.

While it is possible to convert an investment property acquired through a 1031 exchange into a primary residence, this requires careful planning.

go to local meetups, they should have some here or try meetup app or eventbrite. continue to network and that can help you execute your plans.

My goal is to grow in the real estate space, and I plan to self-manage this property.

@Ryan Daniel  I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection in relation to real estate investments.

That is the plan. 

.- **BRRRR (Buy, Rehab, Rent, Refinance, Repeat):** This strategy can be lucrative, but it requires careful planning and execution.

Planning for flexibility with frequent moves and understanding property management will set you up for success when you start investing in 2026.Good luck!