It is my understanding that that particular constraint is placed on agents who are members of NAR.

We worked at the same school, and the stipulation we were given was that the home had to be somewhere in the school district.. not our particular school’s zone.

I guess your argument is that this is particularly tricky in the current high-interest, high-price environment, which is a point well taken.

Purchase price: $1,300,000 Cash invested: $1,370,000 Sale price: $1,500,000 Having great investment opportunity this year and particular one was quick and excellent

I am also finding that as you mentioned part of the learning curve is knowing what a particular state's law is.At the same time, I have in the past found paying some money for a course has helped me to learn and take action more quickly. 

None of them were particularly large but, other than the actual cash value vs replacement value issue, they did fine by us.  

Multifamily properties, like duplexes, can be particularly appealing because they allow you to live in one unit and rent out the other, which helps with covering the mortgage while also generating income.Another option is to invest out-of-state in markets where property prices are more reasonable but still offer great cash flow.

Don't be afraid to negotiate, particularly if you have a lot of rentals.4.

Try to find ideal markets that offer upside while still being at a more affordable price point than southern California for example.A few good examples are Columbus Ohio and San Antonio Texas, although you'll have to find particular neighborhoods and micro-neighborhoods to consider in whichever market you are looking at.

I'm particularly passionate about Tax Lien/Deeds, Flip, and BRRRR.Outside of real estate, I enjoy spending time with my lovely wife and two kids, networking, and traveling.Excited to learn and connect with you all!