You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Regardless, just because these properties are trading doesn't mean they're good investments for your aims, so just focus on the numbers you need and keep on keeping on.One piece of advice is to maybe ease off direct to seller marketing and focus on networking with wholesalers and agents.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

@Victor PatelHey Victor, thanks for the advice.

Any advice on how to mitigate these risks would be greatly appreciated. 

Thanks in advance for any advice/feedback! 

Strategic timing matters, especially with multi-state portfolios.Real Example:Investment property sale in 2019Federal noticed unreported gainTwo states involvedTimed response to fall after state deadlinesResult: Only federal adjustment appliedInvestors: What's been your experience handling tax notices across multiple states?

Therefore, any strategic/investing where you have a solid plan to get most/all of your capital back would be my target for this type of capital.

You can use the Bigger Pockets management finder tool to look up MTR management companies in the area and then I have a few recs I can provide if you are interested.Shoot me a message if you would like to discuss further and I can help you strategize to make sure you make the best decision possible!

Your mentor’s advice about starting with a rental property is solid, and a duplex could be a great option for house hacking.