With that, I want to ensure that my approach to real estate is starting with the niche that generates faster returns from the beginning) as a rough example:I can buy Focal Utopia headphones for 8K or I can buy headphones from kmart for $25.

build it instead of buying it. especially in the 5-50 range you are going to get garbage that's 80-120 years old in c neighborhoods. i can find land in almost any zip code and make the numbers work in columbus. or partner on a project locally. just my 2 cents but build to rent is much stronger right now in my opinion in columbus than buying existing assets 

But we did not buy.  

I have been a buy and hold investor on the north side since 2011 and worked with over 200+ house hackers

There are options to work with the title company after purchase (60 days) to buy it with conventional financing and then shift the property into an LLC with a quitclaim deed to get the same effect as purchasing with your LLC but you get the advantage of better rates with the conventional loan.

., buying and selling your own property, managing property owned by your employer)Thanks in advance! 

Investment Info:Mobile home buy & hold investment.

Since the cost seg study would just create an even bigger loss, it might not actually help you this year if you don’t have taxable income to offset.But here’s the part a lot of investors forget to consider—if you’re planning to buy another property this year, this loss could affect your ability to get financing.

Quote from @Nicholas Klaene: Hello,I'm currently looking to buy my first rental.

Then look at places where you can buy those properties, and last investigate with HUD what is the section 8 rental in those areas.In that way, you will collect a lot of knowledge in the process.