@Haiden WelchReal estate investing requires hands-on experience and a strong foundation in financial markets, business management, and real estate principles.

This makes mobile home parks a smart, resilient investment choice.For those willing to look beyond the traditional property investments, mobile home parks offer the perfect blend of low risk, low maintenance, and strong returns—a true hidden gem in real estate.

There are usually, plenty of issues with new homes, I would strongly recommend still having a home inspection before closing (if you haven't had a formal home inspector come out) and making the builder address any AND all issues, it's a new home, it should be near perfect.

I currently househack in Fort Lauderdale and I would very strongly recommend it especially for starting out.

While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks​​.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.

You can end up in an odd spot where these previously disallowed losses are disallowed nearly permanently until either a) you are no longer a real estate professional and you un-aggregate your rentals or b) every single one of your rental activities is disposed of.I have one client right now with some material passive activity loss carryforwards, that the decision was made to wait to make the REPS related election until they utilize these loss carryforwards, so they don't become trapped. 

To be a reliable and successful Private Money Lender, focus on building strong relationships with borrowers and real estate professionals, thoroughly assess each investment opportunity by conducting due diligence on the property and the borrower's financial background, and establish clear lending criteria to mitigate risk.

This is especially true if the previous owner didn't manage it well.My strong recommendation is to go ahead and change all locks and provide keys to them and for yourself.

A Strong Seller’s MarketSelling an investment property is a strong incentive when demand is high.

If your goal is to move closer to family and you’re getting the house at a discount, it’s a strong personal and financial move.Advice Based on Your GoalsGiven your long-term goals of being debt-free while building a rental portfolio, it might make sense to hold onto the Stockton property.