Along the way I've learned a lot of trade skills as well which goes a long way helping to maintain assets. 

If you're not using Hard Money and the property won't qualify for conventional financing, then you'd probably need to locate private money or if you have friends with IRAs, they can be self-directed to invest in real estate.

To qualify as an RE Pro you must:1.

Also, there’s much to delve into on of those scenarios, like what type of cashflow or investment do you want, etc. residential, multi-res, small multi-res, commercial, industrial, etc.There seems to be fewer deals around these days and this typically benefits the more experienced and skilled investors but there are always multiple investors that get “tripped-up” in these markets due to them relying on recent “fortunate” market circumstances only to realize the markets cycle and they weren’t prepared or didn’t underwrite properly to account for unforeseen potential.There are more considerations, but this is a start.

For management, self-managing saves costs and teaches valuable skills, but a property manager is essential for out-of-state properties or scaling your portfolio.

I am sure working for the Home Vestors Franchise gave you a lot of tools/skills on getting undervalued properties.

:)Just kidding.1) Stock market: may want to do this while exploring other options, just make sure funds are easily accessible2) Buy Multi-unit: two basic options:- Buy turnkey: may not cashflow for 3-5 years, depending on your management skills.- Buy someone else's problem: can you fix their problems?

Just like every professional has a different pay range and skill cap, PM has differences in knowledge and skills.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Meeting the 100-hour material participation rule qualifies your STR income as active as long as no one else participates more than you, This will allow losses to offset W-2 or other active income.While there’s no official IRS form to track hours, maintaining a detailed log is essential in case of an audit.