Existing-home sales, for example, hit their lowest level in nearly 30 years in 2024, with just 4.06 million transactions.

Discuss capital gains rates at various income levels with your CPA - their obligation may be lower than you think.

What level of experience does an investor need in order to raise $250k or $1M?

Yes, I have been involved with several "mold" properties that still had high mold levels after remediation.  

Be aware of California taxes that will hit you in their other funds based on your income level.

And then there is the next level of doing a lease with a tenant.

There are more factors than just the community (#beds, level of theming, location to the amenities, style of home (single family, townhome, condo) and others) But I would strongly advise to stay within some of the same communities you mentioned like Storey Lake, Windsor Hills, Championsgate and a few others if cash flow is your goal.

Remember most of Pace's minions have limited understanding of this business so you have to take any endorsements with some level of skepticism. 100% true. 

It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residenceGood Luck & feel free to PM me if you have any questions. 

I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.And yeah, the Phoenix area has some really down to earth investor meetups, from what I’ve heard, that can help you level up fast.What aspect of the business are you most excited to tackle first.. managing construction, or scouting out those under the radar leads?