@Sean Conroy, this really depends on two things: first, the land zoned in a way that you can subdivide and build more units (question for building/zoning department) and second, financial returns on doing this versus using the capital to buy.New construction certainly has its advantages on the operating side, and can often get a premium to remodeled, older units.  

I had to review and argue expenses almost monthly on my financials.  

What financial or general advice would you give to someone just starting? 

The financials are not bad: Asking price is $485K.

I'm looking at the different property management platforms and wondering if there are any that people LOVE that does all the property management stuff but also does a good job tracking the financials? 

Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

I'm particularly passionate about cash flowing for financial independence and renovating with my construction experience.Outside of real estate, I enjoy fishing, ultimate frisbee, skiing.Excited to learn and connect with you all!

If you want financial freedom (leaving your W2), what you really want is time freedom and since you are single now, that is a lot cheaper than you might think.

@Cody AndersonCo-buying vacation properties can offer financial benefits, equity building, rental income, and tax benefits.