@Toby FellowsYou are correct, you need to ‘hang’ your license under a broker in order to practice real estate, and most brokerages require you to become a member of the National Association of Realtors as well.While you are preparing and taking your courses, contact several brokers and interview them to find out who might be a good fit.

Cleveland currently has one of the lowest price/rent ratios in the Nation, with the average home price being $107k and the average rent being $1,416/Mo.

Insurance was way more expensive this time—which I've heard is a nation-wide phenomenon—and it's the first time since the NAR settlement that we've purchased, so we had to cover part of our agent's compensation.

I usually describe DSCR loans like a see-saw (or teeter-totter)...as one side goes up (the LTV), the other side goes down (the Debt Service Coverage ratio).

If rates drop in the future, you could refi again, but right now, it’s a higher upfront cost.Each option carries risk, so it depends on how soon you plan to reinvest and how you want to manage your debt.

These loans qualify you based on the property’s rental income, not your personal debt-to-income ratio.

I’ve recently paid off some debt and am earning a decent income, but my savings are still modest and not yet substantial.My plan is to use an FHA loan to acquire a decent property, claim it as my primary residence for a year, and then either sell it for a profit or potentially rent it out.

At most, you will pay down the debt, and inflation will eat up all gains. 

Since then I’ve been leveraging my way to generational wealth with “good debt.”

Was your QOZB designed for a specific state/city, or was it structured to operate more nationally?