If you’re set on condos, ensure you’re targeting areas with strong rental demand and minimal HOA restrictions.Regarding an LLC, it’s great for liability protection, but it won’t necessarily give you tax benefits unless structured strategically.

It’s a longer-term game, though, with higher upfront costs.I’d say spend some time researching your target area and connecting with local investors or meetups—they’re goldmines for market insights and networking.

These guy is talking a lot about how great the city in his targeted investment but very little time going deep dive into his Financial.Our friend Grocapitus is targeting the naivest tech-background rich folks that's rich in equity but poor in financial analysis capacity (and bit arrogant too sometimes because they think because they rich due to tech so everything else was easy).Our friend here  likes to cherrypick market stats that's irrelevant for his investment at his deck.

Of course it all depends on pricing and what your target demo is.

Are you working on any projects or targeting anything specific?

Identifying these trends and targeting high-demand areas can yield solid returns.Long-Term Stability: Real estate has historically been a stable, appreciating asset class.

I think the answer to your question depends on the type of tenant you would be targeting.

Our target towns are not in the urban centers but more suburban towns with good schools are moderately priced homes for families.

These can be great for making initial connections and learning about specific markets.Since you're thinking long-term, consider spending some time in your target markets to build relationships with agents, property managers, and contractors.

That's why I would target them a week before foreclosure sale and put all effort on homes that were all but certain to go off the hammer.