Advice will be different on each path.2.

Connecting with local GC groups in your area will help you connect with subcontractors, find out tips and tricks of the trade in your local area (since all areas and their real estate differ slightly).Also, have you considered the motivation behind building a brand-new duplex versus finding one on the market?

Invest in comfortable furnishings and amenities, and add small extras that can make a big difference—like coffee pods or local snacks.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

To the insurance company they will view an STR differently than a LTR.  

Rent in the neighborhood is $895 for a 2 bedroom, 1 and 1/2 bathroom, so for 4 units it will total up to $3,580 ($1,073 difference).

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

Unless a different one would be better that you could suggest   If you are house hacking you can utilize 3-10% down. 20%+ is great to put down but not always possible.

I totally agree, big investors can go nationwide, but knowing the ins and outs of your local market makes all the difference.

Although they may seem similar, there are large differences between active and passive investments.