Investors who are active in gathering data on local trends while working with knowledgeable agents are able to pick neighbourhoods poised for growth and also comprehend how to best mitigate their risks as they prepare to maximize their return.Myth 3: Distressed Properties Are in Bad LocationsAnother misconception is that distressed properties only exist in bad neighborhoods.

Depending on the situation, a taxpayer could offset some of the passive losses with active income.

I don't think the HOA can restrict what a tenant does within their own unit (the lease can), they can prevent activities in common areas.

You can still do it...get with an active Broker and hustle your butt off....!

I am active duty military and plan to use the property for deployments/holidays for my family to stay near relatives until I separate in 4 years, then to use that property as one of several future investment properties.

Sounds like this could possibly be a Schedule C activity so keep self employment tax in mind.

Follow up outside the activities to ask for business and see how you can serve them as well in their business.Best wishes and good luck.

I don't care if I'm ahead or behind of anyone else because my goals are not relative to anyone else's progress.I get your point that staying active keeps your skills sharp and that if you're active when others aren't you will have access to opportunities that they do not.

Right now, I’m actively learning and planning to start my first projects this year.

Either way, I'm excited to start my real estate journey and will try to stay active in this great community I've found here.