The only downside for me is that it can take a few days for the money to actually process/deposit, but that works fine for me.  

Despite Austin's population only growing by 1% from 2018 to 2022, it had the biggest GDP evolution at 46% during that time and tied with Fort Worth for an 11% rise in housing, the report says.

I was doing a lot of legwork and still paying RE agent for the transactions up until got my own license.pros: no commissions in your transactionseasier qualification as real estate professional to offset high W2 of spousecan get access to any house/ easy logisticsmore control in the transactionMLS access with all the information on tip of your fingers, you can move fast with the deallicense knowledge helps to make better decisions and gives broader understanding of the industrycan legally do property management for others, wholesale (many states now making outlaw to do it without license)cons:need to take an exam (it needs preparation and to be good not just barely pass you need to study)fees you pay along the way (MLS, brokerage(I signed with investor-focused on and have a monthly fee and a transaction rate))self-management including taxes and feesneed to relicense + paid education Don't forget the biggest con.

Biggest mistakes is bad underwriting

The biggest takeaway I've gotten was it depends on your market, the rehab, and how you plan to finance! 

.• New construction is likely to remain limited, with inventory growth forecast at 0.5% in 2024, declining to 0.2-0.4% annually through 2028.However, downside risks remain.

Biggest piece of advice I can give you is to get rid of your limiting beliefs.

Hospitality and cleanliness are the two biggest things I hear that turn people away.

I do also love my develop and sell model bit it comes with its down sides as well.

It seems like selling and renting is the biggest wealth builder in the end Rent in a lower cost area with a lower monthly payment and use the difference gained  to invest in the stock market ( which would yield around 8 percent) Keep the primary and hold it long term ( average appreciation in california from what I could see is about 5 to 6 percent if you look back in time Keep it as long term rental ,it would rent for $3800 current mortgage is 6150 $ - doesnt seem smart to me Let me know if you need any more details in order for you to give me a better answer or insights