You might also look into learning about BRRRR (Buy, Rehab, Rent, Refinance, Repeat), a popular method for scaling a portfolio.Network Locally: Engaging with local investors and attending meetups in markets like Dallas or Fort Worth can provide insights and connections that are invaluable.You'll find that momentum grows quickly.

When transferring real estate as a gift, it does not receive a step-up basis, as it does when it has been inherited.

This method absolutely works.

That way you can take your next steps and know what's going on with your assets and prevent future problems from coming out of this.

So, for me, step #1 is to review the data the assessor has on my property.

I know, easier said that done, but dreaming it is the first step, right? 

Any advice on other wise next steps?

While I’m not an expert on the legal aspects of posting here, I do have years of experience coaching students in real estate sales and investing.For anyone getting started in real estate, I always emphasize the importance of focusing on key steps before committing to a deal.

Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.

Welcome to the world of real estate investing, and congratulations on taking the first steps toward learning about this exciting space!