@Timothy Frazier Yes, the only reason to use HML as a down payment is if the property is "mostly turnkey" AND you don't have the funds to renovate AND you have strong CMA comps from a real estate agent that supports that the fact that you are buying a property that is under valued AND your renovations would push that so that you could refinance.

Landmarks - How many times can one go look at the Statue of Liberty in their life?

Many of us on here wish we were thinking about real estate at that age.

This is also why real estate isn't built up too much at once and comes and goes in waves.

.- Technology & Automation: Utilizing project management software, such as Buildertrend or Monday.com, enables real-time tracking of budgets, schedules, and contractor communications.

Hunt down a book - "Investing in Real Estate with Lease Options and Subject To Deals" by Wendy Patton.

Mom is a real estate agent and dad knows the trades.

A majority of real estate investment properties are held in an LLC.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?