My plan is to read about 10 books on the subject and engage with others in the real estate community over the next six months, all while working on building a strong credit score to secure my first loan.In the meantime, I’d love to hear your advice!

A great strategy to use for buying rental properties is the BRRRR method. 

I use a very usefull method to determine if I would invest in an area .   

Register for courses covering the BRRRR method and Subject To financing2.

We ended up moving several times around Southern California  while growing up as my parents employed what we now call the BRRR method.  

Use the enemy method and see what they are doing.

Essentially, this follows the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, but with the twist of continually developing more homes on the same piece of land.Do you think this strategy makes sense?

The PM is still responsible for giving you any monies owed from rent and/or security deposits.

In 2024, it is 60%.You may also have an option of applying a different method (Section 179) that can give you 100% on some of the cost segregated components, but this has its own drawbacks and complications, so it needs to be discussed with your accountant beforehand.Also, have your accountant estimate your potential tax savings before ordering cost seg.

Also, get leads on the phone as a first method of contact if you can.