I don't want to pile on...we've all made mistakes and figure things out as we go.

I’d love to hear your tips, lessons learned, or even beginner mistakes to avoid.

Getting that first deal under my belt with the help of a mentor would significantly accelerate the process and build my confidence.I’m a firm believer in learning by doing—trial by fire, making mistakes, and growing from them.

Tax shelter schemes, partnerships with foreign partners and accounts, partnerships with hundreds of members, returns with blatant mistakes, entities in questionable businesses, like gambling, drugs, online video sales, escort services.

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

I know I'm probably making mistakes along the way, but its been a valuable learning process. 

@Hank Bank BRRRR is probably want you want to do.Buy, Renovate, Rent, Refi, Repeat.Before you go all in and either find out you don't like being a landlord or you make costly mistakes, start with just the next one.You'll have some challenges with tapping the equity in the townhouse:1) What loan amount can you qualify with your credit & income?

As Randall stated, pretty much every county eliminated property tax valuations fights 5-10 years ago.

Renting is just pushing an issue down the road and can very well become a more costly mistake. 

Zillow makes mistakes.