Focus and consistency are going to be your best friends.Also, I wouldn't tackle buy-and-holds right now unless you currently have a high cash flow revenue stream in place.

Every day your contractor has to rework something they did incorrectly, missed, or misunderstood is another day of holding costs.

Exit Strategy & Risks-Market Volatility: You might have to hold longer or sell for less if the market goes down.

Investment Info:Single-family residence buy & hold investment.

Quote from @Thomas Jay Bledsoe: Investment Info:Small multi-family (2-4 units) buy & hold investment.

We like doing the hard work of doing due diligence, researching property histories, getting estimates, negotiating contracts, etc.We're also going to be looking to buy and hold in the near future possibly by BRRRRing.

I bought my first property a few years ago, but life (and COVID) put my real estate plans on hold.

As a rule, I could argue to have the IRA (Roth preferred) NOT hold property, but control is with options, leases, etc, so the profits come into the IRA.

I have EIN for both the holding and the subsidiary LLC's.

And markets like Tulsa, Memphis, Nashville, Indianapolis and the like are your best bet for cash flow on holds.