Into yourself, learn a skill and use that to increase your income & generate more cash to really invest.

We use a lease generated on Avail.co for California and add in specific clauses for the rooms

What's your take on buying in a good neighborhood out of state within our budget and ensuring that we break even or generate minimal cash flow?

Hey @Raymond Pritchett - Awesome to hear that you are jumping into the Chicago wholesale game....why did you start with wholesaling and what are you using to generate leads?

The homes we build will continue to stand long after we're gone, providing homes for generations of families.Focus on giving more in value, and the rewards will naturally follow.

Since you have access to a mentor and financing, flipping could be a good option to generate capital quickly, which you could then reinvest in rental properties.Foreclosures: Flipping a foreclosure can be profitable, but it can also come with hidden challenges like repairs that are more expensive than anticipated.

If your properties under management are generating steady income for you close to or even exceeding your initial expectation, yet you scan the work orders and find more fat that can be trimmed which would yield even more profit.

I finally have my first deal done and generating income.

Here's an overview as well as my understanding of the tax implications.I'll start with the US Tax implications:As a foreign investor, you’ll be subject to U.S. federal income tax on the income generated by your U.S. real estate investments.

Do you want to have your money tied up in an investment that's breaking even and waiting for appreciation/interest rates dropping, or put that money into a new investment that could generate cash sooner?