Take that year to gain some financial literacy and find out what types of investments you're comfortable with, and find the right people to help you invest it.BUT, if you have piles of debt that you can't keep up with, don't wait a year to address those...

Mine is to network and also to gain knowledge.

While you may need to sift through less serious inquiries, I’ve successfully secured some strong deals and valuable connections through these platforms.

You are an absolute loser for defrauding thousands of investors for your own gain!

If you live in the property for at least two years, you can sell it without paying ANY capital gains tax (unlike traditional flipping).We've done this a few times, but almost every time, we end up keeping the home as a rental.

Fortunately, you will be able to to a 1033 exchange into new property and avoid any tax on the gain. 

You will definitely learn a lot here - reading books and listening to podcasts, attending local meetups and conferences are all great ways to learn, gain advice, share thoughts and network!

Consider consulting with real estate professionals who can provide valuable insights and guidance.As you move forward, remember to remain flexible and open to opportunities that arise.

Does the person have something to gain from their answer?

I think I’m more focused on long term gain, some short term cash flow is nice but I’m not planning to try and live on it or anything.