I know of at least six offices that have started offering property management and I need to educate other agents that there's a difference between what I do and what the amateurs do.

.- Educate yourselves: Learn about local market trends, zoning laws, and permitting processes.- Set realistic timelines: Account for your full-time jobs when planning project schedules.- Budget carefully: Include a contingency fund for unexpected issues.- Focus on high-ROI improvements: Prioritize renovations that add the most value.- Document everything: Keep detailed records of expenses, work completed, and agreements.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.

One of the best things you can do right now is educate yourself.

This is a very educational thread about the risks and fraudulent people out there, thankyou, Why not for a younger/less experienced investor interested in the lending space, just buy a handful of the lending REITs, aka BDCs- the business development companies, like Blackstone lending, BlackRock, Goldman Sachs lending, Ares Capital, Hercules Capital etc?

There were pros and cons to this, but the biggest outcome is that Architecture, while being very overhead intensive, education intensive and having significant professional liability is one of the lowest paid "professions".

I used a lot of information from BP, and even went as far as reading the new CA ADU bill, speaking with the congressman associated with it, educating both my architect AND the city on the new guidelines. 

I called 3 lenders who didn't know how the assumption process worked until I got a rockstar lender who educated me and sent me information. 

In the realm of real estate, where opportunity knocks at every corner, I stand poised—a former educator turned visionary.

.- where the homes are located- your intent to occupy the new home as your primary residence- other circumstances like a PCS, upgrade in the same area, etcVeterans United Home Loans specializes in VA loans is an amazing company (of which I work for, educating real estate agents about VA loans).

Educate yourself on everything and do what makes sense for you.