The key is finding the right market and building a team you trust—this could include property managers, contractors, and real estate agents who know the local area inside and out.Forming a Team: Building a team for out-of-state investing is crucial.

However, despite the recent drop, purchase activity has only seen modest gains, suggesting that some buyers might be waiting for even lower rates before making a move.3.

Louis resident, active investor, and licensed agent working with the top investment brokerage in the metro area.

Said they sold the property, so I checked the mls and still shows active, 183 days after listing.

Do you have anything in your lease preventing "commercial activities" in the rental?

I am in search of a reliable CRM system that can efficiently host all my contacts, integrate with Google contacts, provide a robust phone system, and keep track of all my leads, network, and activities.

Hey Brad,One of the ways I've done it in the past is to go to the MLS, find recently sold flips and reach out to the agents/LLC's to see if they're actively looking for more projects.

Then you need to materially participate in the activity, here are the tests to meet MP: https://www.investopedia.com/terms/m/material-participation-...I recommend tracking your hourly diligently in a material participation time log.

While I only have one LLC right now, I plan to expand to multiple LLCs (one for each property).Here’s where I need your help: How should I set up my account to reflect all the real estate activities like rental income, expenses, and distributions?

I am actively seeking mentors in my area who are willing to teach and guide a determined and hard working student.