With this, I could essentially charge a flat rate for electric to the units.

Essentially, what have you all done before beginning to find deals?

You may network, meet other investors, and pick the brains of special guest speakers by going to these events.Make Use of the Marketplace: Look through the BiggerPockets Marketplace to locate possible partnerships, offers, or services that will help you along the way as an investor.Stay Active: When it comes to networking, consistency is essential.

However, it's essential to assess your risk tolerance and determine how much of your capital you're willing to invest in your first property.Consider Your Timeline: Since you mentioned not having a 2-year work history, it's important to understand how this might impact your ability to qualify for financing.

https://flipsystem.com/They're essentially promising on helping you flip homes with 10-20k profit on each flip. 

Maintaining continuous communication and being meticulous in supplying the documentation that their Underwriter requests are essential for a speedy closing with Metro Flippers.

To maintain profitability, it's essential to carry out in-depth market research, closely monitor remodeling expenditures, and do due diligence on prospective properties.Preliminary Advice for First-Time Investors:Become knowledgeable: By reading books, listening to podcasts, using internet tools, and connecting with seasoned investors, you may keep up your real estate investment education.Start modest: Start small and increase your investments gradually as you acquire confidence and expertise.Network: Make connections with other investors, real estate experts, and mentors who can offer advice, encouragement, and insightful perspectives.Make a good plan: Make a thorough investment strategy with precise objectives, deadlines, and exit tactics.

Take into account elements including the property's state, the age of the HVAC, electrical, and plumbing systems, and any necessary cosmetic renovations to draw in renters.

As you mentioned an LLC as well, generally you would either have a TIC Agreement or an LLC as the LLC operating agreement will essentially serve the same function as the TIC Agreement, and ownership would either be held in the LLC or as TICs at any given time.

They’re pretty standard SFHsYes, again I am not a broker, but I do not think you can have 2 second homes that are very similar in the same town essentially.