Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.

I am wondering if some of you get the owners account info to setup in the software to have their rental payments go directly in and vender payments coming directly out?

I understand your concern-policies like the Tenant Opportunity to Purchase Act (TOPA) don’t directly tackle the immediate issue of tenant quality.

Looking for some insight and if I could connect with a current Section 8 Investor directly that’d be amazing!

i see that notes focus on cashflow as the main underwriting metric. What if appreciation and the prediction of appreciation was the metric to be used over the hold period? low cashflow high appreciation

If the trip is mostly personal, then only the expenses directly related to looking at potential investment properties would actually be deductible, which is likely rather minimal - maybe some gas or Uber costs to get there?

So may be trust can own directly.

If you are taking money from a C corp, generally there are better ways from a tax perspective then doing that directly to buy real estate.

My onlyl tip is check out self directed IRA discusions here.

Single family house will require you both to be creative and adaptable, but it is definitely possible.