Thanks Alecia, I like your suggestions.

I suggest this option for younger folks who are starting out...and of course, keep working a "normal" job for a bit to continue upping your income to buy more investments (whether in RE or otherwise).

I know that most people who OWN a property and put it on airbnb claim the income on Schedule E ("passive income"), which avoids having to pay the 15.3% self-employment tax.I'm wondering if those who are practicing rental arbitrage by renting the place that they list on airbnb also claim the income on Schedule E, or if you claim it on Schedule C bc you don't own the place that you're listing on airbnb.Whether you own or rent the property that you list on Airbnb, the activities are the same: acquiring the property, furnishing it, activating utilities, listing it on Airbnb, hiring cleaning services, etc, etc.

@John Faulk Jr if the goal is to ultimately purchase a property in a market outside of your own, I would strongly suggest working with a local realtor in whatever market(s) you are considering.

Buildium help suggests setting up a bank account and running it with a negative balance. 

I always suggest using a multichannel approach to marketing. 

Depending on your budget and threshold for risk, I could certainly suggest some growth areas for you.

A standard residential lease, fine, but I wouldn't suggest it for almost any commercial lease, and definitely not for this type.

I am trying to educate myself as much as possible about the area and was wondering if there are any meetups in the area?

Trying to start wholesaling in the DFW market was wondering what formulas y’all are using to come to your offer price.