We have our holiday party coming up that you have to attend!

I am wondering if my first steps (past the education part) is to build a network of people who know, like, and trust me through posting content like newsletters, articles, podcasts, doing webinars, going to events (aka build my brand), or, should I first find a deal and then raise capital?

We have our own team for our properties and we don't manage for third parties, but I do see the cost. 

I prefer driving for dollars and use my mailers from a 3rd party company after building my list.

The current landlord for this property is kind and is more willing to pay for replacements on the home which I believe is mainly because she used to live in the home so I didn't really need to spend much for any problems that arrived other than minor things the home is over 150+ years old so it has its quirks.The tough part is that I am paying a bit more in rent for this home but it has a lot more potential than my other unit, it has a good-sized backyard which I'm debating on adding a hot tub or a fire place but seems like a fireplace may be better maintenance and cost wise.

In terms of structuring the deal you can do it however you want as long as it is legal, ethical and agreed upon by both parties.

Quote from @Johan Soto: Hello All,I am on the same boat as you i closed on my first property with MI on march 22, up to this day 7/14/22 is not yet rented.

While this may take a little more time/effort on your part, I believe it produces much better results.

Make sure to work with a forestry professional to ensure sustainable harvesting practices.Rent it for Storage or Equipment: With the rise of RVs, boats, and large equipment, you can rent out part of the land as storage space for these vehicles.

@Jon Fletcher There are basically two potential options. 1) Amend the tax return in the year of purchase and prove you used capital gains to purchase the property and 2) Sell the property to an OZF, follow the 20% related party rule and then the structure of the sale of the property to be able to reinvest the gains.