@Kyle Lam The best to learn is by hands on experience.

Quote from @Miguel Del Mazo: I just set up a new listing on FF today, and I asked myself the same question. 

As for capital, I will be utilizing my HELOC for initial fund on first deal.

Mid-term rentals could be a sweet spot between short and long term depending on where you are and what your market looks like.

Typically, HUD charges a daily fee for extensions, which varies depending on the property type and the number of extensions requested.To request an extension, contact your HUD representative or the Asset Manager handling the sale.

Once you have a few deals, like maybe 10 under your belt and they get to know you, they might be more flexible on how much they will lend.   

Considering the high deductible on House B, I am only filing a claim for House A, and coming out of pocket for the cost of repairing or replacing the roof for House B. 

In that case, you can take out cash through a loan without triggering a taxable event, even if you use that cash as a down payment on another multifamily property.

Some highlights: I have 3 homes up on Platform and manage another 2 homes.

Tennessee’s no-state income tax policy can be a nice perk for long-term wealth building.Indianapolis Pros: Having real estate connections in Indy could give you a competitive advantage on deals, local market insights, and trusted contractors, which can be invaluable for a BRRRR strategy.Ultimately, your “competitive advantage” might be stronger where you already have boots on the ground.