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.

I was wondering if there is anything that might prevent me from exchanging it for a rental property like a duplex or a triplex?

buy a used coin op laundry machine and a used quarter exchange machine. you could get both for under 2k Washer/Dryer and exchanger.as far as servicing, anyone who can swap out a light fixture could maintain the entire unit with a little youtubing.I find more issues with card systems, esp if they are in the basement of a building, wifi, and card reading tend to be the most common. 

Built up a large position in a variety of tokens since 2017.As I traded, moved from one exchange to another and settled on FTX for the time being.Was 1 day late in being able to process the withdrawal.You win some, you loose some I guess.Would have preferred tokens going to ZERO than loosing the game in such a way.Any of you crypto folks believe in potential asset recovery?

It is good to meet you and I hope we can exchange ideas soon.Koel

Except in cases of things like a 1031 exchange, your capital gain is measured on the sale price in excess of the properties basis.

What does a Private Lender get out of loaning out 250k in exchange for 360 payments of 2k per month? 

Have you considered renovating it to condo conversion and being the owner of both units, renting it, and then 1031 exchanging it into another asset?

You can always 1031 exchange to kick the can down the road.Also, bonus depreciation is a tax strategy. 

I have a client that sold his land and would like to use his 1031 exchange to buy his mothers land.