As you gain experience, your might change your marketing strategy.

Managing a property with your dad can be a great way to gain hands-on experience.

I’m especially interested in long-term rentals and techniques to enhance cash flow and ROI, driven by a passion for financial independence and building long-term wealth through real estate.I’m eager to connect with fellow enthusiasts, gain insights from your experiences, and actively contribute to this community.

This fee will be added to the assessment amountsSeveral of these programs do not allow transfers or early pay off without paying some sort of penalty.Finally, there was an article in my local paper recently which discussed issues with the Hero programs when trying to sell your home:** **Beth Mills, a spokeswoman for California Banking Association, said in a telephone interview that any program that makes homes more energy-efficient is valuable, but the financing structure is problematic.

Obviously, a complete and well built website with interactive components and quality information that’s constantly update and optimized for particular keywords to show up on the first page of search engines (including YouTube) will bring in the MOST valuable leads.  

This allows for a wide variety of ways to achieve the goal thru all aspects of real estate; investing in assets that have great capital gains potential but may not cash flow (options, land, redevelopment, gentrification, etc. ) utilizing “fee income” to build my estate (syndication, brokerage, partials, participations), and “creating” high yielding notes, and “creating” wealth through creative real estate buying, selling and exchanging. 

You might even call some of your competitors and strike up conversations about how you generically want to open a bed and breakfast elsewhere and see if you can get them to disclose their occupancy percentage or any other valuable data.

As Mason points out, the more you do the more valuable the project. 

The more value add needed on a property the riskier it is, for your first deal I'd consider that when you're looking at this deal, if it's your first one a partner who has done something like this before could be very valuable. 

Have 50k depreciation and sell for 200k, you get taxed on the gain of 150k. 50k@25% for depreciation recapture and 100k@15% for capital gains.