I’m really excited to get involved in the community and learn about different markets across the country.As a first-time homebuyer and investor, I’m curious about which markets might be good for starting out.

Every adult residing in your rental should apply, be approved by you, and sign the lease.

Hey everyone,So I applied to test for a GC license in California, but was short on experience.

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

However, it's important for landlords to apply this question consistently to all applicants to avoid any mistaken appearance of discrimination. ~ Ran FRIDMAN PROPERTIES FAMILYI don't think you mean this literally, because treating everyone like family is a recipe for disaster!

Have you come across any interesting models or success stories that could be applied more broadly across the state?

Just because you have enough land doesn't mean you can do what you want to do and you might have to apply to re-zone which isn't guaranteed. 

As RE agent could facilitate deal without third party involvement Lessons learned?

Nonpassive income: Real Estate Professionals, STRs and K1s from businesses where you have hands-on involvement aka material participation.Each group has its own rules, and generally they cannot offset one another.

Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?