If you can rehab and refinance (BRRRR) to extract all investment and achieve neutral cash flow you would have infinite return (most of my RE investments have achieved infinite return but the cash neutral has in particular gotten a lot more challenging when the rates rose starting Q2 of 2022).Any money extracted via a refinance is tax deferred. 

Starting to research Uruguay to invest and as a 3rd country to live in.  

There is a lot of training involved, it takes months (up to 2 years), and they usually like to start them off as puppies.

This encourages them to start their search now and (hopefully) leave early so you can turn the unit around and find new tenants sooner. 

I'd say start the process of securing your HELOC if you havn't done so and spend time analyzing deals and determining what type of investor you are looking to be. 

We need to start tracking the stats that count around here!

I remember when Lending Home, now Kiavi started, there really wasn't anyone other than banks and private individuals that would finance a new build...and those were hard to find.

I plan on moving forward with purchasing my first property and starting a portfolio locally -before the year is over..

Here’s what I have so far:Downtown San Antonio (78205)King William Historic District (78204)Pearl District (78215)Alamo Heights (78209)Southtown (78210)Leon Valley (78238)Stone Oak (78258)Tobin Hill (78212)La Villita (78205)Helotes (78023)Heritage / Far West Side (78245)I just wanted a broad list to start with areas that could fit the bill.

@Malcolm Brown it is great that you are thinking of the money to fund the deals you are going to get started with but understanding what a deal is, I think, should be the starting point.