One major things to consider that many newer investors miss with 5+ units, is that if you intend to hold, the property will need to be at least 75% occupied and stabilized before you will be able to find reasonable financing terms. 

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

Contact potential sellers who are not actively seeking to sell their real estate holdings.  

Originally posted by @Danae Meurer: @Steven Hamilton II We do not hold anything through an LLC.

Investment Info:Single-family residence buy & hold investment.

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Investment Info:Condo buy & hold investment in Ashburn.

If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.  

That will give me a gross profit of 20% minus holding and commissions.

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.