Also this should be fairly standard but make sure the electrical is all grounded, I just spent about $5,000 adding outlets and grounding the electrical in a 1950s house to bring it up to today’s code which also meant outlets every six feet instead of one or two in a room.

My wife and I have agreed that anything in that account can be spent by me on renovating current investments or purchasing new investments.

I’ll keep driving those neighborhoods and put my mind to work on some out of the box ideas.

Many friends, business associates, my CPA, paid financial advisors and paid attorneys listened to what I wanted to do and they agreed that I was doing the right thing, but not one of those persons spent one second of their time to evaluate my investments nor did they evaluate my risks and I lost $1,850,000 plus several years of my time and hard work.

The problem I'm running into is two-fold:1) Many banks still have a moratorium on these due to COVID2) Debt to Income qualificationOn #2, I bought a triplex last September, one unit was delivered vacant, I spent a couple months renovating it, then filled it a couple months ago.

I may be interested, i really like my agent andd he has spent some time with me getting me educated so id feel a little shady to talk with another agent, unless thats not frowned upon as a investor???

The problem I'm running into is two-fold:1) Many banks still have a moratorium on these due to COVID2) Debt to Income qualification due to unique rental income situationOn #2, I bought a triplex last September, one unit was delivered vacant, I spent a couple months renovating it, then filled it a couple months ago.

Signed the contract for a 2Ac land in April, spent close to $10K in attorney fee, ALTA survey etc. and come to find out that there was a restriction on land that'd reduce the buildable area by 25%.

As far as I understood there are certain contingencies that you can add to your contract to have access to the property, such as adding a clause in the contract that states you need access to the property for contractors and inspectors via a lock box, and certain contingencies that can delay the deposit, such as a hard proof of funds (like a bank statement) & deposit after a 10-day inspection period.

I spent $11,000 on an annual coaching membership as a real estate agent (granted, my take home paycheck for teaching was $3,700 so this was a HUGE cost to me at the time).