Being someone who works in investment real estate, I tend to come across quite a few discounted properties that are located near railroad tracks.

If you can make more money by focusing on building your Property Management business than if you spent the same hours in a rental property...spend the time where you are going to make more money, even if it does mean a higher tax bill.8) Go talk to someone who can spend the time getting to know what is going on with you and provide some customized advice. 

Issues like this can take a while to sort out depending on if they can determine where/when the error happened and if there is any party or title insurance who will compensate someone for the error.

Any first-time investors that is still looking after more than a year ... or someone who bought but took more than a year.2.

I currently have 40k to invest, and am looking for someone to help guide me through the process.

Is it right for you to tell someone not to invest in real estate because they don't have a lot of money?

Hi Linda - your services make a lot of sense for someone who is trying to go the MTR route, however if they are just now buying a house in today's dollars and rates, and setting it up as a MTR, it may be hard to substantiate a few thousand dollars to pay a third party to do the set-up after they just spend tens of thousands, or potentially hundreds of thousands on a house DP in Raleigh + furniture.I think the fundamentals work for someone who's owned it a while, has made great cash flow, and who has been thinking about converting from LTR to MTR, and just doesn't want the hassle of set-up and marketing but wants the returns.

@Jade Smith under your proposal, you would probably need an agent license to work with a broker.Hopefully, you have a copy of the regulations that allow your interpretation of California licensing requirements and didn't depend on someone's opinion:)

My suggestion would be to select someone with the most forum posts or most reviews.

If you're asking for free advice from a stranger on the internet, I'd encourage you to find a different STR market unless you want to have a place in Kissimmee for personal use.