Quote from @Kerlous Tadres: Quote from @Konstantinos Lembesis: Hello all,I have been monitoring the Akron market for a few months and I was wondering if anyone had recommendations for neighborhoods to avoid. 

Avoid common mistakes like underestimating expenses or overleveraging, and vet property managers carefully by checking reviews, references, and their management style.Good luck!

@Sean Overcrest Transferring the property to an LLC may help avoid property tax reassessment under California’s Proposition 13, but it comes with risks.

However, alternatives like a Self-Directed IRA (SDIRA), a 60-Day Rollover, or a Roth IRA Conversion can help you avoid penalties.A SDIRA allows you to invest directly in real estate while maintaining the tax advantages of your IRA.

And the other way, if you’ve worked with someone who you absolutely would not use, please share as well so i can avoid them at all cost :).  

For example, the entity is registered with the state, providing transparency and avoiding title issues, which makes lenders more comfortable with the arrangement.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

For finding my first properties, word of mouth and local networking worked well, plus reaching out to hosts on Airbnb with personalized messages.When pitching, focus on how you’ll add value (like boosting reviews or optimizing pricing) and avoid coming off too salesy.

Hoping to avoid added competition in auction haha. 

However, apparently the deeds need to contain the relevant exemption code in order to avoid the tax.