Outside of real estate, I’m a huge sports fan, so you can usually find me glued to almost every game on the weekends.My interest in real estate began as I explored different ways to generate passive income, which ultimately led me to the BiggerPockets community.

You want an investment that pays for itself, including mortgage, taxes, insurance, maintenance, and even some money set aside for a reserve to cover vacancies and capital expenditures.

It's a long game, not a sprint. 

I wanted to get back in the game again but don’t have much in reserves that most if not all HML require.

Avoid any self-help eviction tactics like changing locks.Maintenance: As a landlord, you’re responsible for ensuring the property meets basic health and safety standards, including working plumbing, heating, and electrical systems.Inspections: While there are no mandatory inspections required before renting, your property should comply with building codes.

Experts, including Redfin, predict further improvements in affordability by 2025.The decline in rents is being driven by:1.

Once you’ve made all of the rookie mistakes and have your SOPs in order, you can go invest out of state with a game plan.

The good news is that there are plenty of great CPAs out there including on these forums.We did have a conversation with him, which is why we selected him in the first place.

Have flexible repayment terms been a game changer for your deals, and if so, how have you leveraged that flexibility to scale your investments?

I had specifically asked for numbers including mortgage payments and they emailed to me.