It’s also a safer place to start as a first time homebuyer and there’s no reason to not take advantage of the perks available to you now.

•Phase 2 ($1M in 12 months): To fund construction.Right now, our structure is:•8% preferred return•70/30 split (LP/GP) up to 18% IRR•30/70 split (LP/GP) after 18% IRRDuring our webinar, some investors expressed concerns that early investors are taking on more risk and should be compensated more.

State and feds?

Looking for any and all other ways to continue to learn about the space, with the current goal being to familiarize myself enough with it to be able to start taking action in the coming years.

@TJ Woolum - save your money (many will be glad to take it), rather invest your time and energy  to connect with the right people!

Some will do but they tend to be far and few in between and the terms are not very desirable at all.Another options is to take down the properties with a bridge loan. 

Can they prove how long it takes to rent a vacant property?

Older homes in neighborhoods like Heights and Montrose are full of charm, character, and history, but may need some renovations.When navigating the market, it's important to partner with a local real estate agent, take into account rental market demand and rates, search for value-add chances, and learn about landlord-tenant laws.

How much will the reno cost and how long will it take to complete?

Great to read your story.. do you see yourself scaling up quickly or taking it slow at first?