The other lesson I learned is that the right fit for me in this investing process is to long term hold the properties I purchase, rather than flip them, unless market conditions are so good that flipping makes sense.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I think of it like a long term rental that has the address listed all over the internet.

I'm relying on appreciation of the house to make up for it in the long-term.

We are looking to grow our flipping business this year as well get into holding properties as our long term wealth strategy.

@Rajesh Sharma most agents we know are NOT very organized.So, wouldn't trust them as a statutory agent because if they take too long or forget to forward you something, it could be expensive.In addition to a PMC, you can also have an attorney or CPA act as one.

Plan for the Future: Make sure the home can accommodate your long-term plans.6.

I was wondering if buying a long term rental property with tenants already in place in a market that is up 20% yoy is a good investement or not. the rough numbers ive been running seem to have a decent cap rate but the house is about 15k more than the zipcode average. 

Long story short, I went from 7 residential rentals to acquiring 4 commercial assets for my fund within the past 14 months since joining his group.Conclusion/Advice1) It really depends on the goals you have and identifying what you feel like is holding you back from your dream outcome.

Hi Tim, Pensacola works so long as they can help!

I have two kids under 1.5 years old, work 50-60 hours a week, and I’m in the military part time, so it’s ultimately a lot to keep track of and I want to set myself up for success and not screw myself in the long run.