The secret of getting ahead, is getting started.It is vital you connect with a realtor anywhere in the United States, who will take the time to understand your desired type of property and areas of the market you have been looking in.Learn about the good, bad, and ugly regarding distressed properties, whether due to  property condition or the chain of title.

Real estate can be an excellent investment, but ensuring you can comfortably manage the payments is vital, even if you encounter negative cash flow periods.

Knowing when and how you plan to sell or transition out of the properties is vital for long-term planning.It's wonderful that you and your wife are excited about this new venture.

We have a modification filed.

Consulting a real estate attorney is highly recommended, especially for complex transactions or if the standard forms need modifications.

My cost for many of my properties to add a 240V outlet would be pretty low.The main lease specifies that no alterations to the home can be made by the Tenant without permission of the Landlord, so this definitely covers electrical modifications. 

Fast forward through some vital life experience, I’m back on BP with a desire to jump back into my goal of having a cash-flowing rental portfolio that can help support me.

It's vital to understand these assessments and budget accordingly.

Therefore, it's vital to calculate these costs before purchasing the property.Seeking the help of a 🏗️construction professional is recommended to create a comprehensive budget that includes hard costs (materials, labor), soft costs (architectural and engineering fees), and contingencies for unexpected expenses.

This has helped me to realize that where one's investment is in the capital stack is vitally important.