You want a property that has the highest probability of maxing out on appreciation.Once done, you would want to explore the options below to maximize your rental income:- STR- MTR- Rent by RoomYou should go into this understanding YOU will live in the worst unit - in an illegal unit in the basement if you can!

@Dalton Foote I have had tremendous success using direct mail and mailing the owner of record where the tax bills get mailed to.Generally, property management companies don’t pay the real estate taxes so this gets me right to the owner.Targeting wise, I would just do a zip code filtered by unit count using a service like listsource.  

A2: No, for labor only.Q3: I paid my GC via Zelle and my lawyer by credit card.

By the time you add in the $120/month for their regular fee - they would make $2,640 in a year with 1 tenant placement.

Originally posted by @Wei Li:@Andrey Y.

And my #1 issue is I don't see any actions to address this in a meaningful, market specific manner. 

Taylor, You are on the right track by asking questions now and starting to learn as much as you can.

I’m sourcing carefully and trying to approach it methodically, especially with the added layer of investing out of state.It’s good to hear advice from someone with experience.

Take action!

Each has their own tax implications.There are some alternative methods of calculating how much of the distribution and therefore the interest expense falls under this category, but the bottom line is that it is very important to keep track of.