I’ve been reading extensively on strategies to minimize tenant vacancies through smart investments, and I’ve come to realize that many other factors play a crucial role when managing rental properties.

You'll realize it'll need to be closer to $600k(20%  markup).If so, I suggest a long term plan.

Once I realized I could do tax prep, automate rent collection, manage transactions, set up multiple bank accounts with a single click, etc.

I realize now this was a huge mistake to not purchase under an LLC.

I was on a Senate Steering committee way back in 85 on how to deal with all the platted antiquated lots in CA. there are millions lots created before the modern rules and these lots exist today but many are not buildable and are traded back and forth from tax sale buyers to retail buyers who dont realize their 5k lot in CA is non buildable.So there was a big conference in FT.

I was agreeing about your comment as to having a mentor, then I realized I didn't have a mentor when I started.Brandon, there were books, I skimmed the "Paper Game" don't recall the author but it was conceptual and a little too fluffy for me, I didn't really start by using anything in that book, if I did, it was by accident.

Realize these same concerns apply to other Syndication asset types also.Do stress tests against the deal for both hitting the financial targets and also the Capital Stack impact.

I didn’t realize it then but thanks to this community ( and more than a year of unemployment ) I have learned I should have taken advantage of the W2 lending benefits when I had the chance.

There are very few sellers of notes right now, so who are you buying and selling too.You are going to be sadly dissappointed and realize after 3-6 months you probably wasted your money.Your best bet is to join some groups on FB or elsewhere and start to learn that way.Let me ask you this question: Have you spoken to any note investor out there to ask them about the environment today to actually get into notes? 

Several doctors and lawyers and other smart people literally crying on the phone to me as they realized their whole retirement plan was done and they need to work into their 70’s if they wanted to retire.