I am reaching out to connect with others who have encountered significant financial challenges due to our experiences with STOA/FlipOS and their recent transactions with Farraway SG.In 2022, my company achieved a net profit of approximately $2.2 million through transactions with FlipOS.

While the initial years might not be financially lucrative, the knowledge and skills you acquire will be invaluable.

Consider consulting a financial advisor for a more tailored plan.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

You want to have your financial house in order so you know what you CAN afford and what you SHOULD spend.

@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

I wish I could say that I'm venturing into real estate investing for some benevolent purpose like providing low-income housing for the needy... but financial gain is certainly my angle lol.

That helps you recover some of the money so if things proceed to a lockout, you're not as bad off financially.

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

I recommend considering your cash flow and debt-to-income ratio before making a decision, and consulting with a financial advisor to tailor the choice to your specific needs.Good luck!