And as long as we have more people than houses it's hard to construct a scenario where residential real estate would come under pressure.I subscribe to a lot of professional research for my YouTube channel about Milwaukee market data and I always get asked to comment about market crash reasons.

Hello Bigger Pockets folks,I’m an early career professional mechanical engineer (~8 years) hoping to learn the ways of real estate investing and make the ultimate pivot.

Build a Strong Team and DelegateAs you grow, it’s critical to surround yourself with skilled professionals who can take on various tasks, allowing you to focus on high-level strategy.

Readers should seek professional advice.

I'm a long time professional property manager and I'm not afraid to deal with delinquency or other legal matters myself, so I only pay for the services I want, like screenings and the tenant payment portal. 

Of course Gene,Your losses offset your gains.You can even carry losses into future years.Please consult with a tax professional though ;)

If you are a landlord I would strongly recommend that you seek professional property management solutions elsewhere or fully be prepared to chase down your property managers for their services.

Readers should seek professional advice.

Building a solid team is a smart priority, as real estate investing is much more efficient when you have a trusted group of professionals→ agents, contractors, lenders, who understand your goals and the local market.Your plan to own four long-term rentals in the next four years is both realistic and attainable, especially with the type of property you're targeting.

Networking with other professionals is crucial because it opens doors and provides insights that may not be apparent on the surface.Resilience is key, as market fluctuations and setbacks are inevitable, but those who adapt and learn from challenges come out stronger.