You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!

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

If so, how is your experience?

Made a decent profit for my first experience Lessons learned?

I’d love to hear more about your experience so far and what you’re looking to achieve in real estate.

Here are some warning signs I’ve come across, but I’d love to hear your experiences:1️⃣ Upfront Fees – Are application, due diligence, or "insurance" fees ever legitimate?

Since you already have experience with both short-term and long-term rentals, house hacking a duplex could be a smart next move.

The idea of acquiring a new property every few years to build a strong portfolio is something we’re seriously considering.I appreciate the insight, and it’s great to hear from someone with experience.

Hello BP Community, Can someone share their experience or guidance on how to get a rental property certified for Section 8 in Detroit?