Welcome to BiggerPockets Joyce and best of luck investing!

I think my best advice to you would be finding the right team.

By offering them control over key areas of management, you're giving them the reins to drive profitability, while you focus on gaining invaluable experience and building your own capabilities.It's a win-win situation - they get reassurance about the property's profitability and you get the benefit of their experience to hone your skills.Keep pushing forward and best of luck on your journey!

It’s by far the best way to set up an SDIRA, especially when it’s investing in real estate on account of the amount of transactions done regularly.  

@Irene Gustaitis It’s best to keep your LLC in Connecticut (CT) since the property is located there, simplifying legal and tax obligations.Even if you get an LLC in CA, you need to register an LLC in California (CA) and will have to pay the $800 annual franchise tax without gaining significant tax benefits.

Freddie Mac and Fannie Mae, kind of like special lenders, offer good rates but need well-kept properties with lower down payments and longer payback times.

I think having an actual termite inspector evaluate the problem is your best option.

It's a different scenario in 2024 with high prices and 7% interest rates. 

I think I was spoiled on the MLS for getting the information for free.So the question is what is the best way to learn about the investment opportunities that are out of the MLS?

@Jorge Leon State Farm seems to have some of the best rates this past 12 months in the 1-4 units space.