Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.

Hi everyone!AIM: I am looking to start a syndicate. NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. Purpose of the fund: To purchase old land...

At some point, everyone wants cash to start a business, buy your dream home, or go on an incredible vacation with your family.

Getting a call weekly or even more often might be a problem if you're too busy, on top of managing taxes, general scheduled maintenance, etc."

I’m a 41-year-old father of six who loves the Lord and is driven by a desire to build a better future for my family through real estate.I own a small tile installation business, am a certified insurance agent, and am currently in the process of obtaining my real estate license.

@Jackson Pudlo you'll have a better chance of success managing a unit right next door and learn a lot.Versus...Buying a rental in a few years that not near you.One of the biggest mistakes newbie investors make is not paying enough attention to their rentals because they are too busy with family & work.You really won't be able to ignore a rental next door to you!

In The Tampa Bay Area local investor in the items inside the home/business but looking to get with the right people to build a team.

Best of luck on your journey, and remember, delayed gratification is your best friend in this business!

And don't forget, states don't have 4-profit business to create wealth, no money-tree out in a yard to shake, states $ is from THE PEOPLE, so that $50 Billion is all Californians paying for it.  

In south Florida, there are a ton of free RE networking events where contractors, agents, mortgage brokers, etc all meet for drinks etc and I have found this to be a great way to find good people in the business.