Property cash flows about $700/mo after the mortgage and expenses.The property does need some work to attract better tenants in the future and to make the property look more appealing.

I would also like to generate passive income over time but the truth is I will need a little bit more money to start expanding. so ideally I would love to do project management and start with some flipping to build some investment money to acquire the rental properties in the future.

Laminate is good for living areas or bedrooms, but again can be hard to locate the exact type of laminate in the future if you need to replace it.

I also hope to experiment with using Airbnb's platform for some of my future properties.My current plan is to continue saving up money through frugal living, hustling with freelance design jobs, and selling real estate as an agent to purchase my first house hack.

I'm moving to Washington D.C. and I would like to invest in a growing, affordable, and revitalizing area in Maryland or Virginia (or other areas within 2 hr drive fr DC; max) with a potential growth in the future.

The warranty  was negotiated at closing, and I am contracted with them for a year, but will definitely will be contracted with them on all my future investments, it relieve a lot of repairs and expenses as an investor.Good Luck, and enjoy being financially free!

If anything, the price of the flooded houses should go down not the non-flooded go up but future will tell.

The only risk is if the company goes bankrupt (which in case I would then start self-managing), and the only costs I'll have to cover are potential structural damages (which would most likely be covered by insurance).Another plus side of having invested all cash, is that I will have potential access to lines of credit both for home equity (up to 70% of home equity), AND for future guaranteed rents (up to 60% of total 10 year rent roll).Already planning on the next property using the same strategy, but this time with traditional financing (looking for 100% mortgage).

Check recent tax increases on properties you consider, expect the same in the future and then compare those increases with what the market will allow in rent increases.

If not, please keep my information for future projects.