I was speaking with an agent last night who said that their brokerage told the property management division to get out of any contracts within the city limits.

I recommend starting with multifamily if you're just getting started with limited capital.

It was in rough condition, which limited competition and made it a strong candidate for the BRRRR method.Negotiation: After analyzing comps and repair costs, I negotiated a $420,000 purchase price, which was below the market value for similar properties in the area.

Syndicated deals can be opaque, with high fees and limited control for passive investors.

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

So my limited experience with a new build did not yield cap ex expenses with what you are proposing. 

Lots of cities have restrictions..Arlington limits to a fairly small area of town, Ft.

The loss created by section 179 is limited to your total net taxable income amount from all "active" business income you have, plus any W-2 income. 

That was fun.Because of this setback limiting my ability to leave my house, I sunk more time into my YouTube channel where I’m seeing exponential growth and am on pace to make over $6k this month from ad revenue alone.Life is good.

Single family homes are usually the best as they have fewer limitations.