Check those two lists against all of the lists and articles you have been reading to see where the closest crossover is.That is how you find a competitive advantage.If you build an out-of-state funnel with everyone you just met, you will not have a competitive advantage.Number 1 above gives you a personal, geographic advantage.

The only cost the deal needs to absorb that's relevant is the interest, and even that is really just the delta between the actual interest paid and the tax savings on that interest on your federal return. 

@Braden Heard start farming & growing your personal network to find deals that you can start out wholesaling, then flipping, then buy & hold as rentals to build wealth.Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

This is about a year to date of your posting Michael and it is still relevant.

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

Here's an article explaining some of the options you may run into: https://streeteasy.com/blog/nyc-real-estate-agent-splits-com...

Does this article about migrating assets from a corp to an llc apply here:https://bbcincorp.com/offshore/articles/convert-c-corp-to-ll...

@Zeliang ZhengHere is a good article worth reading: https://www.biggerpockets.com/blog/invest-for-real-estate-ca...

In these "quantity" areas, you'll have a very hard time finding a buyer who has a down payment and can qualify for a loan .This is an article Jack Miller wrote about the topic.Making money from the earnings of poor people is like getting orange juice from an orange tree without any oranges on it.

Standard requirements for such investments typically include good credit, relevant experience, and a 20% down payment.