Hello community,I have researching on benefits of long-term rental, and a bit stuck on requirements to be full time real estate professional (the 700 hours) if one has to be able to take tax advantages.

It was a 1962, ranch-style house with blocked galvanized pipes and a busted water heater!

You have to find a zip code that has a prevalence of multifamily and a pathway to build multifamily.

Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.

As you embark on this adventure, it's important to equip yourself with knowledge and a solid strategy.

*There was 10.1% more listing inventory in the metro and a whopping 30.5% more active listings on the market in the City of Austin.

What I have are the rents of the 3 tenant occupied units, the owner supplied projected rents for the other two units and a hokey formula on parsing out utilities for the units that are not separately metered. 

Once those guys are in place and you have a go-to title company that your realtor recommends and a lawyer.

For example we helped a client acquire a $1.5M oceanfront home that is pushing $180-200K per year and a $875k home (with no water feature) generating $125k gross revenue annually

Sufficient infrastructure: Companies select locations with major airports, highways, and a large population of potential workers.