Why on gods green earth if you can save on commission, gain experience, meet investors and manage your own properties would you want to invest in a market outside of where you are?

I think I would try to get past the one-year mark for capital gains then sell it.

Starting with an owner-occupied duplex is a smart way to build equity and gain experience.

Were you just looking to gain your time back?

LoL So really trying to learn what I can, gain some capital, and see what my options could be for the year.I'd like turnkey and long term renters in place, as that seems like a good way to get started as a rookie. 

I'd love to connect and definitely gain some perspective from you!

Luckily the family in my rental is paying $9000/mo (3x my mortgage) so I am gaining signifigant wiggle room for mistakes.

A reliable property manager and CPA are worth their weight in gold, especially when you’re managing remotely.If you’d like to chat more about what’s worked for my clients or have questions about specific markets, I’m always happy to share insights.

Now Im looking to maximize my potential, gain some financial independence and start making my money work for me and not work for my money.

Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.