Not one single strategy will work for every property. 

Real estate investing is all about learning, networking, and taking that first step when the time is right.What strategies or markets are you currently researching?

It is the strategy we decided to go with after speaking to my CPA. 

Metro Atlanta, generally speaking, respective markets 30 to 45 minutes from the City, will be tight on cash flow unless you implement a creative investment strategy, such as short-term rentals, medium-term rentals, or rent-by-the-room properties, or allocate at least 30% to 35% towards your downpayment if you intend to hold the property as a long-term rental. 

It's was so easy for me getting started to get shiny object sindrome instead of locking in ONE STRATEGY, ONE NEIGHBORHOOD, ONE PROPERTY TYPE, ONE RENOVATION TYPE, etc. 

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

I’d love to hear your thoughts on whether this approach makes sense or if there are other strategies you’d recommend to optimize profitability. 

Hi @Mike Arias I think it depends on the strategy. 

Thank you again for the guidance—it’s really helping me build a clearer strategy for reaching my goals! 

Also I’m not sure on the tax implications of settlements but work with a CPA on a strategy.