There are three safe harbors that businesses may use to meet the test.Half of the amount the business spent on services were for services performed in a QOZ.Necessary business functions and necessary tangible property was located in a QOZ.Half of the hours of service received by the business were performed in a QOZ.A business does not need to meet all three safe harbors to qualify.

I would also get with a local realtor to get some market insight on things like where to buy in your market and what are your best financing options for a successful first deal.

Occupied Foreclosure Strategy: Some investors in NYC find success with a “cash for keys” approach.

We have sold a couple that have successful tenant placements.

Or that the remodel wasn't performed by a licensed professional. 

It creates over-leverage and the performance of one property is dependent on the other.

No question is ever too small or “stupid” here—curiosity and determination are key to success in this business.

I've seen some folks buy storage deals at valautions that are going to make success tough for them.  

Flipping is about as least passive as it comes, so just make sure you wrap your head around how much time and management it will take to be successful flipping.For anyone getting started, I always suggest these 3 steps:1. 

There is a lot you need to know to be a successful investor and landlord and while nothing beats doing it -  as the best way to learn - you really need to have a good understanding of the fundamentals and the ins and outs.