For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

Nothing fantastic for sure but the property paid for all its own bills and made money with a newbie operator.

Hi Kevin,It looks like you have some money saved, that's fantastic.

If you do get something that would be fantastic but I would go about planning that the funds are not coming back.

     It works fantastic for me, and it is very easy to learn. 

Meetup is a fantastic app to find real estate meetings around you, and look for local REIA (real estate investor associations) and attend a bunch of meetings.

Unless the deal is fantastic of course, and maybe it will be! 

It’s worth discussing this directly with agents to set clear expectations upfront.Raleigh’s growth makes it a fantastic place to invest!

A tidy profit, plus confidence to tackle the next project solo.On the topic of self-directed IRAs: While they’re fantastic for gaining experience and diversifying into real estate over time, they can feel restrictive if your main goal is scaling quickly.Here’s what I’d focus on:Using Equity Wisely: A HELOC or cash-out refinance could unlock funds to pursue a flip or duplex without touching your 401(k).Partnering Smartly: Your realtor friend sounds like a great resource.

The Upper East Side is a fantastic area, and your budget gives you great options to consider.