New roof, siding, soffit, fascia, flooring upstair, repair fencing, yard work/landscaping, new flooring upstairs, new vanities, kitchen remodel, new paint job What was the outcome?

What was the outcome?

In order of priority, I would put title company after GC, lender, insurance broker, real estate agent(s), inspectors, and several trades.

Would love to trade with others to compare notes and brainstorm.Cheers!

I added value by doing cosmetic updates and transforming the curb-appeal.What was the outcome?

Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.

I'm a carpenter / contractor by trade, and I've done a few major whole-house renovations of personal homes over the last decade or so.  

remodeled home interior and exterior What was the outcome?

A team is important, but remember that when you are overseas and looking to invest here, every person (almost) has a stake in the outcome.

I am passionate about day trading but real estate has been a field that I've been wanting to dive into.