And the hardest part of all this is finding sufficient labor to rehab/manage the property. 

I’d like to get my feet wet with a flip or two before transitioning into long-term buy-and-hold properties.

I wholesale some properties, and others make sense to take down as rentals.

Message me if you'd like us to analyze a property for free.

If you're in a high-cost area, consider out-of-state markets where you could buy a rental property outright. 

But others investors with different risk tolerances, goals and financial situations invest in the platform.2) I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

The reality is that imposing expensive and time-consuming sprinkler installation requirements will drive property owners to either scale back necessary renovations or avoid permits altogether.Currently, when owners propose substantial renovations, they are often informed that their projects will require sprinkler systems, which can cost around $45,000 for a typical three-decker.

For example the HA will inspect the property every year to make sure it is up to standards. 

Are they in distress, relocating, or simply tired of the property?

@Juan PerezCongratulations on paying off your first home and transitioning it into an investment property!