Work with a real estate agent Make sure to thoroughly check out potential properties by conducting inspections, condition assessments, financial analysis, and reviewing zoning regulations.

Most of these homes are "as is", so if you aren't very familiar with the costs of potential problems that you can't physically see (foundation, septic, etc.), this may not be a good place for you to source. 

Given that we like skiing as a family activity and wouldn't mind moving to Colorado at some point this seemed like a potential option.Where I'm struggling on this is that it seems that the economics don't really make sense given property prices, mortgage rates, and occupancy.

This is "ordinary income" and you will show it on your personal tax return.

"But can't you see the potential?"

So, our equity went up 25%, but our annual appreciation potential went up 428%.I’ll do my best to answer any questions if you have any.

This cost is often justified by the value added through their expert advice, ensuring compliance, optimizing your tax return, and potentially saving you from costly mistakes.Audit Support: Another significant advantage of a CPA is their ability to represent you in the event of an IRS audit.

This investment is a great first step to building your real estate portfolio, remember to factor in potential fluctuations for refinancing and have a buffer in your rehab budget for a smoother experience.

We just moved to San Diego and would appreciate any tips on getting in contact with potential hosts needing some assistance! 

There will also be a form for potential leads to enter their information for you to reach back out to them.