Purchase price: $58,500 Cash invested: $55,000 Sale price: $155,000 Contributors: Peter Vekselman Partner Driven and Carol Tarnowski teamed up for a transformative project on 14th St, Fond du Lac, WI.

Home went to tax sale county kept excess proceeds.

If there is demand and the market supports a market for mobile homes, it could be an opportunity.

Examples might include areas in the Midwest, Southeast, or Sunbelt regions.Multifamily Properties: Consider duplexes, triplexes, or small apartment buildings to increase unit count and spread risk across multiple tenants.Short-Term Rentals: If you’re comfortable with the management requirements, STRs in vacation or business travel markets can offer significantly higher cash flow potential than traditional rentals.Value-Add Properties: Look for opportunities to buy undervalued properties where you can force appreciation through renovations or better management.Decision FrameworkRun the Numbers: Compare the projected cash flow, equity growth, and tax implications of selling versus holding with a refinance or HELOC.

I used Roofstock to sell one of my rental properties in TX as their sales commission is lower than going through traditional sales channels. 

There are plenty of varying job opportunities in the real estate industry.Ask yourself: What skills do you have?

The re-leverage aspect is now at my opportunity.

LLCs are a legal tool, not a tax one.Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

These areas have good rental demand and opportunities to add value through light renovations.Build Your Team: Work with a realtor familiar with investment properties (like me!)

A slightly higher upfront cost in a better area will likely yield better tenants and less hassle over time.Investing in McKinney is a great decision, but working with someone local who understands the nuances of the DFW market can help you identify the best opportunities.