@Jadan WilliamsIf I were in your shoes, I’d start by clearly defining my investment goals and identifying target markets with strong job growth, population increases, and development potential.

Most importantly, choose a market that aligns with your goals!

Why don't you share a bit more about where you are in the process, what you know about investing in real estate, what your goals are - short and long-term, and tell us a bit more about why you are asking your question here on BP?

I have also made the move from being a US investor to living in Spain.

My goal is to leverage equity through private money lending (PML) partnerships while building valuable relationships within the local investment community.How I Can Add Value:With 6+ years of experience running various businesses, I can offer high-level and detailed technical insights to help visualize and automate your operations effectively.For example, I’ve developed a dashboard that tracks company expansions across the greater Phoenix area in real time.

@James Landsford I would wait to do the remodel after tenants move out before listing it for sale.

Since your goal is to subsidize retirement, it’s worth considering how much leverage you want to carry as you transition out of your W-2 jobs.

The goal is to set appointments without using human labor and going all in on AI voice cold calling is not necessarily the best approach. 

Have now been told my depreciation schedule for my rental properties has been lost in a move.

Since moving into another fixer-upper isn’t ideal right now, consider leveraging your $40K for a low-money-down investment, like house hacking a small multifamily or using creative financing (seller financing, subject-to, or partnerships) to avoid tying up all your capital.