I bought my first property in March 2023, put the property on Airbnb back in November - it gives me cashflow of over 2k a month after the expanses.

The property may still be a valuable asset that increases in value over time and creates wealth through equity expansion even if it doesn't cash flow at first.Examine Renting by the Room: If the house is a bigger multi-family unit, renting out individual rooms inside it is an additional way to optimize rental income.

.- Expansion: Using the saved capital to invest in another property can potentially double my investment opportunities, diversifying my portfolio and increasing my chances for additional income and appreciation.Negatives from an investor's perspective:- Cash Flow Concerns: The $500 monthly negative cash flow translates to $6,000 annually, a significant amount that needs to be managed carefully.

The presence of Airbus' assembly plant, the Port of Mobile, and the University of South Alabama contributes to a robust economic ecosystem, fostering job growth and business expansion opportunities.**3.

If you need the cash flow for portfolio expansion, go with the ADU.

I had considered maintaining a certain dollar amount in reserves and semi annually diverting 75% of the income to the beneficiaries and the other 25% into a separate account designed for expansion so that the pool does not get too watered down as the family grows. 

In Santa Cruz County, especially in the mountainous and rural areas, many properties lack the necessary expansion fields (space) due to factors like size, slope, groundwater, and zoning restrictions.

Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100. 

If you decide you want to be an operator, look at real estate expansively. 

So, debating "do I need a CPA" or, in your case, "do I need a Realtor" is kind of pointless.As a person who has spent an expansive number of hours in a law library, pouring over chapter upon chapter of various laws and statutes, as well far more hours than the average bear also pouring over tax codes....