I recommend finding a financial planner who specializes in real estate taxation, tax planning and financial planning.You may want to consider working with your financial planner remotely to expand your options.I would also recommend looking for a financial planner willing to work with you throughout the year.

Since your goal is to build a portfolio of rental properties, you’re right to weigh both the financial and practical aspects of this decision.

However only you know your current financial situation to determine this factor.

Quote from @Robert Bell: As a private lender, we use reserve funds as a way to gage whether or not someone is financially ready to take on a real estate investment. 

I popped on the site just a few years ago, and it has dramatically changed my financial future.

@Pete TarinIf you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy a Class D property in a Class A area, what type of tenant will you get?

You want to make sure the renter arbiter is financially stable with good income and good credit and at least owns the house they live in so they know that if they mess up they have a lot to lose.Usually most renters do not have any assets and are usually not so financially stable.

The MILLIONS of dollars in assistance we acquired for residents to stay current during covid, protecting both them and our trusted owners from financial hardship. 5.

Many projects go over budget due to unforeseen repairs or delays, and having a financial cushion is critical to staying on track.4.

You could also possibly partner with a relative who knows / trusts you to make up for any shortcomings you may have.After that, presuming you have good credit, you can go to a mortgage broker and they will evaluate your credit and financial "worthiness" against their requirements for their lenders to lend to you.