The type of property can influence the risks you face, so coverage limits matter.

This is a real estate group so I’d assume a lot of people own a lot of real estate.

Hello BP community,It's nice to see so many discussions from like minded people!

Some people are okay with less others wouldn't touch it for that much.

There isn't really a lot of people looking to rent a 3500sqft house and that may translate in longer vacancies.

Many people don't want to self manage from out of state, and professional managers can suck up alot of the cash flow, and not do as great of a job as you would've hoped. 

Are there any local meet ups or websites on where to find more people who have a moderate level of experience meaning they are  somewhat experienced but still looking to collaborate and network with more inexperienced investors like myself.

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.

I have had 3 people email me this weekend who are over leveraged and also cash strapped in that they have repairs of $5k or more, o cash to repair and without repairing cannot release unit.

And while a 1031 exchange isn’t an option, some people explore alternatives like installment sales to spread out taxes or even tweaking the investment structure so your returns are treated as interest instead of equity.There are definitely some creative strategies out there.