We want to purchase a property to begin building our rental portfolio but are unsure of the best approach.We live in Sonoma County, California, and I work in Healdsburg.

To invest out of state successfully, focus on building a strong local team (agent, PM, contractors), automating deal analysis, and using contingencies to protect yourself.

Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.

I want to be a source for these families and help build their resources to become successful.

Then use the experience to work out the kinks and build a strong boots on the ground team.

I had been discussing this property with the owner for a while and saw its potential—distressed but with strong fundamentals and built-in equity.The deal was a great opportunity to apply creative financing, secure a property with minimal upfront capital, and build long-term cash flow.

Do the math at a 6% loan rate.There's a reason many apartment buildings have been converted to condos and sold.

I here in the Netherlands Rotterdam working on renovating a 3 unit building

You're better off focusing on specific markets, specific neighborhoods, analyzing numbers, and building an ideal buy [box].

Remodel#rd Bedroom conversion by building a closet (the window and door were already there).