So, it may negatively affect your available time for your own investing.Of course, you will also be exposed to potential acquisitions when clients choose to sell.

This type of project is a future goal of mine.

—and work with an accountant to make sure everything is properly documented.As long as your primary goal is to sell the property after renovating, your profits won’t be taxed like long-term rental income.

There are more listings to choose from now than any other time in nearly a decade.

And I hope to be ready to buy within 9 months (we are moving from LA)  Hey Eric, Sounds like you have a solid goal and are putting the pieces into place.

@Rama KrishnaTo start investing in real estate, set SMART goals, educate yourself, learn market research, and choose a strategy.

Even though the property is really cash flowing really nicely, I am unable to cash out of the deal so for the next one, I am definitely choosing a BRRR.

There are good people who, if they could, would choose to live in Class B neighborhoods, but they can only afford class C....that is your target resident.  

Which just means we will have a lot more properties to reach our end goal versus a lot less homes that will rent for more to reach the same end goal. 

Usually, your realtor will have a few to choose from, and you should look up their online reviews.