I recently moved to the DMV area and looking for new opportunities.

The plan is to conduct mold inspection and remediation after the tenant moves out and then re-rent the property.

Feel free to reach out if you have more questions.Thank you for your advice.My thinking aligns with yours in that, at this stage, I lack the credibility and necessary funds.So, in the meantime, wholesaling seems like the right move for generating cash flow, familiarizing myself with the lingo, and expanding my network to build a list of buyers and potential partners.I've registered for a multifamily event next week and applied for membership in the young professional real estate group in my area.I do have one question, though, considering I'm at the beginning of my journey: What skills do you think I should develop to be useful? 

His plan is to give all the tenants 30 days notice to raise the rent more than 10% to get to positive and if the tenants don’t agree, they’ll need to move out and he’ll find new tenants who are willing to pay.

But some of us file other things on Schedule E – Like Corporate Tax Returns or Partnerships.

Property management, in general, is not great at renting because they just want to hit the mark and move on.

I moved to Colorado and do not have plans to return to NM Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Here's our brief market analysis of today and we moved to Memphis, Tennessee.

The roofs on these things are small, and many have the skylight in the bathroom which often leaks, I would tighten up the roof, then address the plumbing issues then move onto the electrical. 

Tenant 1 = $3,200/month (Section 8)Tenant 2 = $2,700/month (cash)Tenant 1 just moved in a few months ago and is paying $3,200/month (Section 8).