The example you provided about STRs highlights how crucial it is to consider various perspectives before making decisions.

I'm extremely nervous about starting in real estate but I want to provide more for my family and buy more freedom for myself and think this is the vehicle to do it with.

Do you really believe  that someone with no capital, no experience, and limited education provided by 2 weekends at a guru boot camp is really going to be able to earn $100k annually by finding properties experienced investors spending $10k monthly on marketing to find have somehow missed, and then negotiating prices 50% below real value and flipping the properties to seasoned investors?  

I’ve been focused on continuous education rather than taking action, but you’re right.. actually doing it will provide better experience and knowledge.

At that point, if your tenant is not willing to renew,  you simply advise the tenant that you will not be renewing their lease, and provide them a move-out date by which they must vacate the property.  

Hi Stephen,Sorry for your troubles but it seems like the provider came through in the end which is nice to see.And promising to cover rent for the delays caused shows character also.Being a turnkey provider myself since 2014, I can attest to that unfortunately many things sometimes aren't in our control.Especially when it comes to the citiy, contractors and pulling permits, etc...Our traditional promise is that the property will take 90 days to rehab and tenant.Have we gone over 90 days?

I also do provide funding options for people looking to use the BRRRR method.

Any information/suggestions anyone can provide is greatly appreciated!

In most markets, there is a cap on tax rise when you own the property, but once it sells, it goes uncapped and you will owe the full tax on the current assessed value.

Before you get any further, if you haven’t, I would highly recommend writing out your investment goals, your reason for investing, your constraints, etc.