I paid a substantial $15,000 initiation fee to join this community and was assigned to invest in a Midwest City.Initially, I was optimistic as I was provided with a General Contractor and Real Estate Agent for my team.

It just doesn't make sense to undermine your investment.

Your investment can be a lot less and you will be much closer to rental income.

We need investment in construction technology and government needs to green-light it asap.

I do have a handful of clients that have ended up using multiple CPAs just due to who their partners were on different deals, and even in those cases they almost always end up consolidating to a single CPA - taxes are enough of a headache without dealing with 3 different professionals who each only have a slice of the whole picture.If you are going to regularly be investing across the country, it doesn't hurt to work with a firm that has State and Local Tax (often referred to as "SALT") internal resources, though typically this does come from larger firms with larger fees. 

The objective is to build a profitable portfolio and when you begin chasing doors you ignore the fundamentals your underwriting should focus on and make bad investment decisions. 

How bad an idea is building for your first investment property? 

Investment Info:Single-family residence buy & hold investment.

If you can't control the little you make now, you won't control your investments.

Turning to real estate, starting out with getting my real estate agent license and using that as foundation for investing!