It would be great to have something closer to keep an eye on the contractors if my first place needs rehab.

The reason why is because I am considered a full-time real estate professional in the eyes of the IRS.

I had my eye on this home for a bit of time towards the end of 2021 as I was in the market for a new primary residence.

Next rung is wholesalers (so one extra hand in the cookie jar) and then MLS/realtors (2 extra hands - plus their "employers'" cut - in the cookie jar.If you want to find wholesalers, you either need to network in local events or find a facebook page dedicated to RE or sale of property...most wholesalers will place their properties there because it can be seen by the most eyes.

While RE moves slower than some investments, circumstances can still change significantly from the time you first set your eye on a property and when it is time to exit.

I'll keep my eye out. 

Keep an eye on your metrics, I use CoC return only because I want to know how hard my money is working for me.

This is unfortunate on several levels because it is extremely important to make sure clients are educated about all of their options, including the PPP options associated with DSCR loans before locking them in so they are going into the transaction with full knowledge and eyes wide open. 

Just keep an eye on investment loan rates, even from conventional lenders.

I am close to getting an 8-unit in Dothan, AL under contract for $160,000.  Seller will allow me to put 20,000 down and I'll have 1-year to pay off the 140,000 at 6% interest only (700 a month for the interest only pa...