Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.

Deals like this are absolutely achievable with the right knowledge and approach.Imagine what could be possible for YOU in 2025.

Add-on:  I do like that I can automate my late fees, no partial payments, etc.

I would like to have a small portfolio in 2 years.

@Tayvion Payton I have managed many properties in neighborhoods like this.

If there is a tenant in the property expect that they will likely leave within 6-12 months after you purchase so you can expect to do a rent turn and budget for that.

I'd really like to hear more about land flipping.

Having the tenant be responsible for something like the first $1000 of each maintenance issue, or $500 can be a big help.

You are taking over for someone who didn't care at all about the rules and you want the city to just be like, "yeah, this is fine"?

I left them recently like many others have in the last 5 months and even though our money was technically an investment and a limited partner contribution, they refused to give anyone their money back even after stating numerous times they would give people their money back if they choose to leave.