Plan for the Long TermTax Planning: Understand tax implications and consider strategies such as 1031 exchanges for deferring capital gains taxes.Estate Planning: Develop a plan for passing on your real estate investments to heirs.Additional Tips:Stay Disciplined: Stick to your investment plan and avoid making emotional decisions.Continuous Learning: Real estate markets evolve, so stay updated with industry trends and regulations.Risk Management: Be aware of risks such as vacancies, unexpected expenses, and interest rate fluctuations.By following these steps and remaining committed to your goals, you can progressively build wealth and achieve financial freedom through real estate investing.

It's supposed to ensure there are no surprises after closing.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

@Ryan Donohue Yeah, I guess I'm a little surprised that so many folks are triggered on here about the idea of bringing in $30k/month.

I suspect less than 10% of MF buyers are owner occupied in my area and I would not surprised if it is less than 5%.  

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Low cost, surprisingly beautiful home for the money.

Second I read your post and was pleasantly surprised to see it.

In 2 years, I have bought 7 houses, 8 doors total- and have now unexpectedly had to replace 2 HVAC units.

I would not be surprised if an expansion like this was estimated at 5 - 7 months and for it to actually take 8 - 10 months.