@Carl TrubLots of legal and tax implications - you should look at having them put the home in a living trust.I am not an attorney but there are ways to make it so your cost basis is today's value versus a lower value such as if you buy it at a low cost.

This is great of your accountant who may choose to advise that you liquidate shares during a tax year where you realize some loss elsewhere.

Quote from @Jonathan Greene: Never sell a high-performing property with no cap ex and low maintenance to buy another rental.

You generally need to refinance a portfolio when you deal with these low priced properties. 

  - 10% on material  from Lowe’s/HomeDepot. - Capital partner that can assist with cash as needed. - potential equity in primary residence Asks/Needs to achieve goals. - In need of assistance formulating a concrete plan to achieve goals.- Assistance putting the knowledge and resources together to close next deal. - Looking to attend real estate meetups and expand network. - Locating and putting together the right  team that’s needed.-  Joining communities and connecting with others on a similar path. 

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

So that was a low hurdle to improve on.

While still low, the chances of success starting as a beginner are much greater as an agent than becoming one of the very rare highly successful wholesalers IMO.

If you use an FHA loan as an individual, you’ll benefit from a low down payment (3.5%) and more lenient qualification requirements, but you won’t have liability protection, and the loan will stay in your name when it becomes a rental.Using a conventional loan through an LLC offers liability protection and scalability for future investments but requires a larger down payment (15-25%) and often comes with higher interest rates.If maximizing cash-on-cash return is your goal, FHA might be the better starting point.

I totally agree with Eric, for your first deal look to something with as low risk as you can.