Can't wait to see what the future has in store!

My first goal was to get my real estate license to not only supplement my main source of income, but to also become as knowledgeable about investment properties as possible for what I hope to be future endeavors.

I understand the need for patience and future opportunities as I've learned through the stock market however we've come across a few great deals that would have cash flowed nicely but I was hesitant to pull the trigger on due to the hot market we live in and where I think it's headed.

And I felt this was the answer, but just wanted to make sure.This will be a owner/occupier purchase, so yes, I do not want to burn any bridges on my first purchase, since I will be buying more in the future. 

I second cozy.coI’ve been using it these last few tenant cycles and it’s a great tool in many ways.1- if the tenant won’t pony up the $40 fee or take the time to do it, it’s a great indicator for me to who I’m dealing with2- I don’t have to take applications and money and I don’t feel bad for taking an app fee and not giving it to those applicants. 3- no need to collect ssn and to destroy4- Tenants can’t leave anything blank as they can with a paper app5- feels more formal and professional 6- generally the type of potential tenant I like to deal with that can use tech to communicate, which gives me a glimpse to how they’ll handle future complaints and requests. 

Good luck in the future and I hope everything works out for you!

Do you anticipate having a PM Service in the future?  

I'm committed and highly motivated to building a legacy and financial education for my future children and also provide great returns for family, friends and colleagues. 

So some quick advice would be to focus on areas that either have no interest or future interest in regulating STRs or areas that already have established policies that are working for them and that have reasonable qualifications to entry.  

This way you have built a track record with a lender, and have built some passive income to help with future financing.