Diversify Your Accounts: Consider spreading your funds across multiple accounts, including those held by established banks with robust regulatory oversight and deposit insurance.

Starting out as a new agent is always challenging and that’s why most new agents begin by working with rentals and buyers so they can establish credibility that is needed when going on listing appointments.  

Start with an established team member in your desired out-of-state market.

PP as is  35krehab 70kSale price  189k  Net 170k on hud My fee 12k Insurance pass through  I pay for the insurance as well they pay me back when it closes  450.. net to my client  52k is my client has to pay the utls  So with my establish clients were we are well under 70% ARV I fund 100 % of purchase 100% of rehab I pay for the insurance andthere are no payments we all get paid off the HUD the same day..

Holding onto a property merely for tax considerations is a dangerous gamble.But if you want to gamble - yes, selling in a year without a W2 job usually saves on taxes.

The daycare also has a website, so it seems well-established.

Focusing just on appreciation causes people to take on negative cashflow situations, gambling that the market will eventually save them before they run out of cash.

For example - where might you already have an established network?

After that you need established goals. 

Columbus has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google establishing operations and driving up property values and job opportunities.I can send you a list of contacts in Ohio to help you build your team and find a property manager.