If anyone is looking for a connection with nationwide experience all throughout the real estate world, (SFR, property management, investing, dispositions, new construction, etc.)

If a new construction house costs 300k but a preexisting home costs 275k, that premium might be worth doing.

I sell for about 70% above my all in cost, eg purchase plus light reno totals 70k, I resell for 120k.

I decided to try and manage it myself.

Plus, having an LLC in place from the start can streamline the process of acquiring and managing properties under a business entity.

He earned quick money as a wholesaler, and I have a house to keep)Rehab cost: $20k (vinyl floor, interior paint, new dual pane windows, new toilets and bathroom vanities, lights, new landscape, new AC condenser, all done by handyman, spent some extra money for minor plumbing and electric jobs, hydro jet sewer lines, clean up attic (had mice), added some insulationTime spent: 3 weeks (two handymen for the first two weeks, one for the last week)Value after repair: probably around $440kJobs still need to be done later: some dryrots, roof work (it's tile roof, roof doctor quoted me $9k, handyman said probably $5k, home inspector said $15k you can get a new shingle roof.

Lots of decent YT videos as well.There is no (or little) value in having a RE license just for your own use as an investor, and the costs of maintaining it like a full-time professional are higher than you would think.

The lender will fund a large percentage of the purchase price (up to 85-90%) plus the full rehab costs.

How do people who acquire and manage STR's track the time for their Active Material Participation activities? 

Its usually best to go the permit route when adding bathrooms ect but comes at a cost time/expense wise.