It will be an owner-to-build project as my FIL built a duplex owner around 5 years ago on an adjacent lot and is willing to assist us in our build.

I would only partner with someone if there were "synergies" where they had knowledge and expertise where I did not and where we had alignment in our approach and goals.

Whether it was a hidden gem of a find or a seemingly minor hiccup that turned into a full-blown project detour, we’ve all got stories.I'm eager to hear what your most memorable house flip was like.

Congratulations on taking the first step toward your real estate goals.

Our goal is to focus on buy and hold properties for now, and we are hoping to purchase our first property in the next few months.

That sounds like an almost impossible project to be successful on.

Consider converting one property into an STR while retaining the others as LTRs to establish a stable income base, taking into account your willingness to manage STR responsibilities, local regulations, and financial projections for each property scenario.

I've considered places like Florida (Orlando, Tampa), North Carolina (Raleigh, Charlotte), Ohio (Columbus, Cincinatti), Kentucky (Louisville).Have also considered places in Central California like Fresno, Bakersfield, etc My goal is to just rent it out on the private market and make some extra cash flow. 

I would love to connect with you and share ideas and goals.  

The primary goal of a Cost Segregation Study is to identify all building construction costs that can be reclassified into 5, 7, and 15 year properties.