It's vitally important to know who you are working with, and have the history of the players involved.

Most important thing to me is I learned how to type very vast in high school.. thats been the most important to me..

.- To utilize the Mills Act requires a few things: An application (not free), inspections, and most importantly a contract with the city in which you promise to rehab and maintain the historic nature of the property.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.

I completely agree with the importance of securing a good W2 job, living below my means, and investing in real estate early on.

However, it’s important to price competitively and be prepared for buyers to request concessions.

Hi Olecia,As a loan officer, buying a second home for use as a vacation rental (Airbnb/STR) can be a viable option, but it's important to be aware of certain considerations.

Each programs have different requirements so it'll be important to check.

Investing in a property that’s already renovated, rented, and professionally managed could allow you to start generating passive income immediately without the added expenses of house hacking.What’s most important for you in this first deal—cash flow, appreciation, or long-term stability?

 @Greg Abel I think it's important to consider the long-term, as changing property management software is difficult.

Being top of mind is very important!