I was in residency 16 years ago and thinking about real estate investing as a way to hedge and prepare for burnout.

Setting clear investment criteria, such as the types of properties you're interested in, where you want to invest, your budget, expected returns, and how much risk you're willing to take on, is key.In order to be financially prepared, it's important to save for a down payment, establish an emergency fund, work on boosting your credit score, and look into different financing options.

Since there are many more listings competing on the market than in previous years, it’s crucial to prepare a listing to stand out among the rest and work to address buyer objections prior to going on market.

So once you get the lead, make contact with the lead, be prepare the lead can suck.

Of course, that means that your property will need to be prepared properly for this, which means "no carpet". 

Make sure the loan is professionally prepared.

Also, this year of 2022, the actual deadline is Monday, April 18th, thanks to an obscure holiday.Where can I find a great accountant to prepare my taxes before the deadline and avoid an extension?

In preparing for doing this I paid down my CC accounts to 27% but believe I have a plan for converting to cash.

I assumed that we would end up basically owing nothing since depreciation, repairs and non-principle portion of our mortgage payment on the house greatly outstripped the amount paid toward principle.The tax preparer said we had to pay taxes on essentially the entire rental payment since our income was basically at 150k.

I approached him with my interest in the topic and he shared some info and also asked if I may want to be a gap lender (or other avenue of lending) for some of his deals.I thought it all sounded good and am now preparing for my first deal with him.I am primarily concerned with my risk in this deal.