—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.

What you should expect is what area you choose to buy in, having to deal with the issues that come with that class of property.

Would like to know which one you would choose and why(goal is to earn the most in 10 years time).1.