I also want to be active in other rust-belt cities that are similar to Milwaukee and I want to be part of their eventual comeback: Cleveland, Detroit, Pittsburgh, St.

I *do* learn eventually, lol.

If you don't learn to manage your investment well, you will eventually destroy your property, lose money, waste your time, or drive yourself insane.

Well he eventually decided RE but did not really understand many areas of RE.

Something like a live in flip/fixer to eventually become your next STR.

Whether that’s refinancing in five years or eventually selling the property, you’ll want to know how you plan to handle the seller carry when it comes due.

Of course they will eventually come up to the prices you have to rent a newly financed property for... but there is a lag there where the market equalizes.  

I initially resided on the property as a tenant myself.Prior to the current tenant moving in, all tenants were aware that I was getting married and would eventually move out of the property on Nov 18th, 2024, with the expectation of moving out of state by the end of December.It was understood that I would continue to utilize the garage and one room for storage as I transitioned to living out of state.All tenants were also aware that I would continue to access the property during this transition period.The tenant in question moved in Nov 1st, 2024.

I know California is still famous for clawing back the taxes owed eventually on a 1031, I don’t know if they are the only state that does it.

Looking forward to learning from you all and of course becoming a millionaire real estate mogul and eventually President of the Universe.Welcome Chris: I’ve been a landlord for over 25 years now and I know some good local resources I use to make life easier too!