They stressed that while new developments are welcome, existing issues must be addressed.The meeting underscored the need for a balanced approach that tackles growth and current challenges as southeast Bakersfield progresses toward revitalization.

Did you get a chance to relax, tackle any new projects, or maybe even find some inspiration for your next investment?

Then, and only then, tackle another strategy/business model.

If you tackle one problem a week, you'll have 50+ problems solved within one year and will be prepared to manage your investment better than 90% of all landlords.

If you tackle one problem a week, you'll have 50+ problems solved within one year and will be prepared to manage your investment better than 90% of all landlords.

It might be wise to start with a less risky property to gain experience before tackling a foreclosure.

If your conservative you can put the profits in a risk free T-Bill paying better than 5% with no phone calls to unclog a toilet.If you decide not to sell, then let's tackle your question about PM.  

Some of the finer points that I can see are $25,000 in down payment assistance for first-time homebuyers, 3 million new housing units within the next four years, tax credits for developers who build starter homes, investing $40 million in an innovation fund to tackle the housing crisis, and expanding a tax credit for housing developers who build affordable housing rental units.Forbes also says she wants Congress to crack down on "predatory investors" who buy up rental homes and collude with each other to raise rental prices.Just sharing this because there's obvious impacts on the housing market if this all takes effect.This is basically just a summary of the Forbes article, you can read it in full here: https://www.forbes.com/sites/alisondurkee/2024/08/16/kamala-... 

As a new real estate investor this is simply too large a project for me to try and tackle, but I know this forum is full of quality investors who care about their tenants and are always looking for a deal!

So thank you for mentioning it and sharing your thoughts.Strong property rights are indeed essential but they're wishful thinking if you can't have a profitable investment in the first place and I'm not sure how you could get any decent return by investing in El Salvador.I've heard great things about how the new president has tackled crime.