Quote from @Chris Watkins: Quote from @Chris Watkins: Quote from @Eric Lee: Hi all,I'm looking to acquire my first rental property and am strongly leaning towards a short-term rental while doing a MTR for off-peak seasons.

So I think I already passed the "house hack phase" Looking to acquire a 4 plex with my equity.

Your team is the most important thing you can acquire first before any investment your purchase. 

Hi Robert, Sumitomo Forestry acquired PART of our company two years ago, we still retain some of the ownership and my partner and I have the autonomy to run the company how we see best.

.- there are ways to never pay tax on gains (1031, owe until death, etc)- cost segregation can in effect have RE acquired at no cost- sweat equity can produce additional return.  

@Mike Johnson you definitely have a different set of problems or potential problems depending upon where you are at.Brand new and acquiring your first rental you're going to manage:Everything can kind of be summed up as you don't know what you don't know.

This is how I acquired 29 rental houses in 9 years.

We are in the Northern Maryland area and would like to have some 1 on 1's or partners to help us find deals or acquire more knowledge in the areas we are weak in.We are thrilled to be in this community and are looking forward to getting to know you all better. 

I know a lot of investors do this, they acquire properties and then sell them under their terms, acting as a bank financing a purchase.

You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.