I started a property management company in 2017 and am now managing almost 800 doors and 6 construction crews.If I could do it all over again, I would have spent a little more time setting up business systems prior to jumping in. 

I am beginning to worry after the recent fires, so I am starting now. 

Comments again were : Quit Claim Deed the Property, start paying the loan (which he noted he had no money).

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

We intend to hold the property in our name for at least 12 months before starting construction. 

After 20 years as an investor, broker, and lender, I can tell you that house hacking is one of the smartest ways to start.

As for finding a contractor, asking local investors for recommendations is a great start.

I first started out in Real Estate by house hacking in college. 

The fact that you have already owned and sold a rental property gives you a great experience to start from.In terms of the best place to invest - that is whatever place meets your criteria, goals and investing style.Personally flips have not been working as well for me lately, but when we get the right BRRRR deal those are still working well.

We’ve also found that at least one of the authorities (Jefferson county) started to run some kind of property specific rental comps which can also affect the max they’re willing to pay.