Unlike cash buyers or those with extensive experience in the market, many younger buyers are still navigating the mortgage process while actively house hunting.

@Dan Wang FWIW - In the 1031 space we see very few investors who make the switch from "active" commercial investing to "active" residential investing. 

As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.

I'm an active duty military member and our family has been moving around the country for the past 20 years so we're excited to begin buying some places we can hold onto.

They are a great tool becuase some lenders use AirDNA to qualifiy rental income if the property is not actively an AirBNB.

Sounds like things have changed a lot since 2016, and it's helpful to hear from someone who’s actively operating in the area.I completely get that this is a different market dynamic.

One group is now offering a pref equity investment to rescue their deals, while they still actively market how they have never had a capital call (technically, accurate, but in spirit very deceptive). 

There was even one exceptionally kind Bigger Pockets member that seemed to know a lot about health and physical activity that we even chatted on the phone afterwards and he gave me some good pointers.  

You will report worldwide income on your federal and Kansas tax returns.You will also include the MO activity on your KS return.Your MO return will only include the acitivity within that state, which in this case, is the rental property.In the future, if you have income in MO(either through the sale of the property or through rental income), you will pay tax to MO but KS will give you a credit for any taxes you pay to MO.best of luck

Virtus is a commercial team here that is VERY active.