Both investments can offer tax benefits, but real estate typically has the edge.

These high taxes discourage property owners, especially those who have held their properties for many years.While efforts have been made to address this issue, it's time for a fresh, common-sense approach to housing affordability.Instead of penalizing property owners, we should incentivize them to sell by eliminating federal capital gains taxes and offering tax credits for sales to owner-occupants.

One in year 2, and another in year 5...I was unsure of what to do so I created this offer Who did you have check your underwriting?

Larger cities offer better infrastructure, such as international airports, interstate highways, and a broader talent pool, making them attractive to businesses and tenants.Avoid Rent ControlRent control laws can hinder your ability to adjust rents to match inflation, limit tenant screening, and complicate evictions.

Typically, the investors I work with purchase properties in their personal names and then quit-claim the title into their LLC after the deed has been recorded.Markets like OKC, Memphis, and Little Rock offer some excellent, affordable growth opportunities, and I’d be happy to chat with you to explore these options further.

USDA offers 100% financing if you can find a property that qualifies for USDA.

When you mentioned you did your homework on the turnkey property, if that were the case you would have had a really good idea what the property was worth before you offered on it (of course sparing the occasional rogue appraiser, which may be what happened to you... idk) and certainly before the appraisal.

It isn't having paid off properties that offers security, there are still taxes, insurance, maintenance and management involved. 

Look for a local credit union that can offer a cash-out refinance once the work is done, ideally with minimal seasoning.

A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.