Some steps you could consider: Assess Your Current Property, Educate Yourself, Define Your Investment Strategy, Explore Investment Opportunities, Market Analysis and Property Selection, Build Your Network, Due Diligence and Risk Management.

If you think you can generate better performance for your IRA in real estate, this is something to explore.

I believe there's significant potential here, and I'm eager to explore options that would maximize its value without the need for immediate cash investment.Thank you for any advice or connections you can provide!

Additionally, it can help you save money to invest in your first property.House Hacking: House hacking is an excellent strategy for new investors, especially those just starting out.

If I get an answer of "a month's rent to place a tenant, 20% of rents and I keep all the late fees", then there wouldn't be any additional questions from me and we'd both save time.

However, we now believe that exploring less competitive markets could potentially offer greater value for our investment.Would appreciate any mentorship or recommendations on websites to identify areas with the highest returns nationwide for multi-unit properties.

Currently, I have only been searching property listings on the MLS.I am seeking advice on whether to purchase an additional primary residence now with 5% down and rent my current owned home, or wait 3 months to save the full down payment for a rental property.

I have the parents co-sign and I and additional landlord insurance to cover any f*ck-ups they do.Works like a charm..

I thought my bid would be 2007-2008 taxes only, and the additional years would be the price of winning. 

., while I clearly don't know your investment thesis, and I agree that nearly $34k/door, even for a fully classic unit is A LOT of money, I would argue that 2-3 month rent is generally not realistic in many markets, nor is that how I assess rehabs.Personally, I look at potential rent increase, i.e. can I get $400/mo in additional rent by renovating this unit