I do plan on taking the savings from Cap ex, Maintenance, and Vacancy and having those just sit in a savings until ready to deploy; along with a nice nest egg of "oh crap" money.

@Leo Gomez you should have a solid foundation first, then start investing and continue to shore up your foundation.It doesn't mean you need a huge nest egg, a 401k, or anything spectacular.

Nest type thermostats, keyless deadbolts, connected smoke alarms, wireless cameras, bluetooth items, USB ports, etc.

So, if you have built a decent nest egg then chill and retire and use your TIME to be happy because I assure you (from experience) another Ferrari won’t do it!

Electric vehicle charging is prohibited.I have nest thermostats installed which allows me to see usage.

The mix of an old (4) fuse panel with an old breaker panel and A LOT of outlets, many doubled up into 4's, plus home handyman looking issues on the fuse panel (missing screws, exposed wiring), to me would mean having an expert look at the wiring in the house and if needed making a bid to repair it.That rats nest of exposed wired next to this fuse box might be live electrical current, it's probably best not to touch it.Good Luck!

From there you will transfer the property into the Land Trust, which will be nested into a "child" series of the Series LLC.

I'm glad that it didn't sell, got good tenants in there helping to feather my retirement nest.

These are the two ways I was thinking of approaching the first couple deals until I hopefully have a nest egg saved up to be on my own.

Having built up a decent-sized nest egg, I have been ingesting as much real estate knowledge as possible over the past six months, with my eye on either buying a home in the NoVA-area to live in or a home in TX to rent.I've also thought about becoming a realtor here on the East Coast, but it would be a huge step back in terms of security and income for the first few years.