Be prepared to change the water often. 2) You can paint the home.

If you have some money to bring to the table , see if you can get into a  Joint Venture for the first few flips and keep it small like light rehab etc  ..

I've been laying off, seeing many other businesses contract & preparing.

Luckily, we have our 2023 taxes prepared. 

Hello,My wife and I recently ventured into real estate investment and have acquired a 0.4-acre lot in Bakersfield, California, within an R2-zoned area, Oleander Sunset area.

You will want to work this out with others in advance so that everyone understands what is expected of them and mishaps can be avoided.Be prepared for the “long haul”If you are planning to continue your current employment, as well as work as an agent, be prepared for long days and busy weekends.

The truth is, you've been fortunate and haven't had to deal with a difficult tenant until now, so you haven't learned the hard lessons and you failed to prepare for the inevitable nonsense that landlords have to deal with.The law gives you 30 days to deal with the deposit, but you chose to wait and hope the problem would go away.

As you write checks and make deposits your income tax return is preparing itself.At the end of the tax year print a simple Profit and Loss report for the time period and hand it to your bookkeeper or CPAYou still need to keep receipts for seven years or so but the works does itself as you write and code each check.Even if you file as an LLC, Partnership or corporation your CPA will thank you.

I'm looking at infill lots in south miami dade county in areas like florida city, homestead, etc for joint venture projects with investors to build single family homes and small multifamily homes. 

If you are doing management and tenant placement yourself then you should have a lawyer prepare a Lease Agreement (i.e., "tenant contract") for you.