Research the Market:It's essential to comprehend the local real estate market before you start flipping residences.

Quote from @Angelous Ultionem: That's what I had researched myself but recently I've seen people talk about getting another 100 miles from the first property.

Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.

I keep reading how people snowball their investments in such a short amount of time, but I can't make the numbers work.Based on the research I've done, a property purchased for $500k will generally cashflow $15k-25k in an ideal scenario (roughly 20% CoC).

After a quick drive by of the property and some online research, I submitted my offer and it was executed by lunchtime.

Research and familiarize yourself with PropStream.

However, there's an obvious loophole to the claim because if you buy a house for 999K and then the value goes over 1 million then technically you're one of the 90% that just became a millionaire through real estate :) REIT investing is a much less active way of investing into the 11 major real estate sub-sectors, in the US we have 274 listed REITs on the major exchanges of NYSE and NASDAQ, and about 75-80 of them are not equity REITs but rather mortgage REITs, which I like to park cash in when 10yr yields are trending down to give me capital appreciation plus 14-15% dividend yields. check out alreits | Global REIT Researchto do more thorough individual research.

After doing some research, I became less convinced than I was to start with.

Do some research on whether a single-member LLC (or LLC with spouse) will even be sufficient to protect you.

I wanted to see if anyone is familiar with or can recommend paid mentorship programs or coaches for small multifamily unit investing (2-4 units).In my research, I’ve found that most mentorship programs or resources I come across are geared toward large syndication apartment building purchases or other types of investments, such as short-term rentals, medium-term rentals, single-family homes, Section 8, or fix-and-flip projects.