Your most reliable source for this is a local, experienced investment team.SummaryIf your goal is financial independence, you must invest in cities that meet all the stated requirements, plus an experienced local investment team.

Must have tools: you need some type of evaluation metric and/or tool that you are comfortable with and are willing to walk about from a deal if it doesn't meet your requirements.also, a deal is a term for a transaction, not to be confused with a "good deal".

To thrive in real estate investing, you must maintain a firm grip on your finances.

Platforms like Avail can help if you prefer to self-manage but still require time for repairs.Tax-wise, repair costs may be deductible immediately, while major improvements must be depreciated over 27.5 years.

Must be the drugs.  

To thrive in real estate investing, you must maintain a firm grip on your finances.

You need an income that meets three requirements:Rents increase faster than inflation to offset constantly rising prices.It must be reliable; it continues even during economic downturns.It must last throughout your lifetime.These are all long-term requirements, so the current interest rates are not the major issue.

There must be huge numbers of folks in Funds I, II and III, so speak up! 

The borrower must have a good deal from which they will make a fair profit.

Contributions for development and remodeling will be capitalized, increasing the property’s basis and reducing taxable gains upon sale, though these costs are not immediately deductible.The LLC Operating Agreement must clearly outline how contributions are recorded and how profits, losses, and expenses will be distributed.