being hands-on and local is a big advantage.

I'm also in Chicago (like @Jonathan Klemm :), and am always looking to connect with more female RE investors, especially those who are actively doing, or aspiring to work on, fix & flips.

@Mindy Jensen Thanks Mindy, I have been ripped-off by contractors even from referral sites (some my fault and some they just took advantage).

@Catherine Javier If you find the property is more of a liability to you and ultimately decide to sell, the 1031 exchange would probably be the best way to take advantage of using the tax and find something with a greater growth potential.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

One notable advantage of preferred equity is the relatively lower risk compared to common equity.

There are several city programs that we are taking advantage of as well—tax credits, funding, etc. 

This is generally a low cash flow market due to the low risk being so close to the nation's capital, however strategic buyers that enter sub-markets of D.C. that is set for massive growth will be able to take advantage of future rent growth to evolve into a heavy cash flowing property over time, as well as home price appreciation as the area continues its trend of high buyer demand.If you'd like more information on any of these submarkets within Alexandria or would like to learn more about investing in the D.C.

All the City, State and Federal Tax and Down Payment advantages are with First Time Home Buyers.

Saw it in 2020 and its happening all over again for different reasonsI have invested in the areas myself and plan more in 2025 to take advantage of the huge tax benifits to come.