I've been interested in real estate investment since college but I've either been without the capital or without the confidence to take the first step.

Your 5 step process was very helpful.

It’s an extra step, but it can save you from surprises later.Keep asking questions-it’s the best way to learn.

Wagner - you had a call with us a month back with alternatives but after that again we have not seen any update on next steps.

Looking to take my first step towards financial freedom, like all of you vets out there! 

I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions

Building a duplex on a single-family lot can be a great way to generate additional rental income, especially in a market where multifamily properties are scarce.To evaluate whether this is a viable strategy, here are a few steps to consider:Zoning and Permits: Since you mentioned the property is zoned R-2, make sure to check the local regulations regarding building a duplex.

@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.

They were the hot topic and states stepped in and started regulating them. 

If it escalates, they can step in and mediate if needed.