As a dedicated real estate wholesaler, I source off-market properties perfect for fix-and-flip investments in high-demand areas.

For long-term goals, I generally recommend focusing on newer investments in markets with a proven track record of steady growth.Once you're clear on how much time you want to dedicate and what outcome you’re aiming for, it becomes easier to choose the right investment path.Hope this helps, and best of luck!

@Max Kim I'm new to the Georgia market.

Save money, pay less taxes, spend it on real estate and the stock market. 

In our market this the best way to get cash flow and get moving. 

I am very familiar with that market, slightly less in NJ.Long term goals: Owning single families in PA and then possible getting into MF or building townhouses at a later date in NJ.

Whenever I read investor posts about unit count goals and utilizing section 8 rentals as the vehicle to scale a portfolio it loosely translates to buying real estate without paying attention to the fundamentals in the markets where they invest.

If your startup costs are over $55,000, you lose the immediate deduction, and the entire amount would have to be amortized over 180 months (15 years).Here’s an example to clarify:•If you spend $7,000 on startup costs (such as attending BPCon, legal fees, and market research), you can deduct $5,000 in the first year and amortize the remaining $2,000 over 15 years, starting when your business is officially active.

- How do you assess the market and identify red flags?

You brought up some really key points, especially regarding location and the importance of making properties stand out in a competitive market—whether it’s for short-term, mid-term, or long-term rentals.I completely agree that proximity to Waco's major attractions like the university is essential.