If this is your first rental property - I'd also recommend an agent that can ensure you are looking at the right kind of home, area, and type to ensure it meets your financial objectives and provides you with a return.I've been an investor in Charlotte for over 10 years and also host a meetup called "SouthEast Charlotte Real Estate Investors/FI" - find us on FB.

You can deduct up to 50% of your adjusted Gross income to my organization as we are organized to house low income frail elderly and disable  low income.  

Also I am an organizer of several groups, if you need help maybe we can work something out.Im sure you already know this but there is an organization that runs monthly investment seminars, im scheduled for one on the 27th. if you like i can contact the organizer for a +1 if you like.  

NOW start " getting organized " So many do things backwards.

To maintain profitability, it's essential to carry out in-depth market research, closely monitor remodeling expenditures, and do due diligence on prospective properties.Preliminary Advice for First-Time Investors:Become knowledgeable: By reading books, listening to podcasts, using internet tools, and connecting with seasoned investors, you may keep up your real estate investment education.Start modest: Start small and increase your investments gradually as you acquire confidence and expertise.Network: Make connections with other investors, real estate experts, and mentors who can offer advice, encouragement, and insightful perspectives.Make a good plan: Make a thorough investment strategy with precise objectives, deadlines, and exit tactics.

Your plan should be in line with your risk tolerance, financial objectives, and the state of the market.

The IRS as stated that an investor may not use a 1031 exchange to purchase property from a related party when the objective is primarily to avoid tax. 

instead, they expect you to extract and fill out a GENERIC 'organizer'  when you try to list the data that is missing at the bottom of the 'organizer' they dont read it!

The organizations that run them, completely ruin it. https://imgur.com/gallery/xlMn0Ad

Making judgments and gaining important insights from experts with experience in your target market may be achieved through networking.You may confidently evaluate your possible investment and choose the best course of action for your financial objectives by carrying out extensive due diligence and making use of the information and tools at your disposal.