I started a job that took me overseas right after I left got out of the service.

What you call guaranteed income is what I call a lot of stress and governmental requirements to get the same or less rent than if you did a good job finding a property and put it up for rent on the open market.Section 8 rentals are for investors who want to keep replicating that strategy in the same area so they know all the regulations and all the players.

When I was wholesaling, the hardest thing to do was to find reliable contractors who could get the job done and not leave the house a total mess. 

Sure, if they get a job out of town, they’re going to move out.

Natalie did a great job explaining the technical aspects of deducting BPCON travel costs, but her post assumes that an investor already operates their business, which you do not.

My LTR income has provided the cashflow to quit my job as an electrical engineer.  

How about a  job in the real estate industry both to accumulate capital and gain experience? 

Good job!

I live out of town but I can come into town for a week or 2 to complete some of the easier jobs.

Hi Prasit,To transition from agent to acquisition manager, here’s the quick path:Leverage Your Agent Skills: Use your market knowledge, negotiation experience, and connections to find and analyze deals—key acquisition manager skills.Wholesaling Experience (Optional): Wholesaling can help build your deal-finding and analysis skills, but it’s not necessary if you can transition directly using your agent background.Training: Consider certifications like CCIM for commercial real estate or courses on platforms like BiggerPockets to sharpen your acquisition expertise.Network: Connect with investors or real estate firms to gain insights and potential job opportunities in acquisitions.Let me know if you need help with financing as you move forward!