The only other advice that I would give is if your primary motivation is to save on taxes, don't do it.

If the sell is motivated enough, then the wholesaler has all the value in the world.

.: @Zeke ListonDo you think investing in property values from 120-180k in upper class c neighbourhoods is a achievable for my first OOS?  

Fifteen percent IRR is possible, and single digit cash on cash is achievable. 

My portion - $3.4mPortfolio Annual Revenue: $390kBeyond investing, I also lead Business Development for a specialty tax firm, Veritax Advisors, where I focus on selling Cost Segregation Studies—helping property owners optimize their tax strategies.My Strengths:Deal Sourcing: Finding opportunities others miss.Creative Structuring: Strategizing ways to make deals work.Negotiation & Fundraising: Navigating partnerships and securing capital.Strategic Vision: Charting a clear path forward.My Gaps:While I’ve built a strong foundation, there are areas I’m not as skilled in:Accounting: Managing from the P&L is a challenge.Daily Operations: I lack strength in admin, property management, and cost control.I recognize that these gaps are limiting my growth, and I’m motivated to find the right partner to complement my skillset.If you excel in accounting, property management, or operational execution and are interested in exploring a partnership, let’s connect!

This deal highlights the power of well-executed renovations and a strong partnership in achieving impressive profits.

The second year we only spent $25,000, and achieved our original goals.  

They also benefit from strong schools, which can be a huge draw for long-term tenants.While you may not achieve high cash flow immediately in these areas, the property values and rents tend to appreciate steadily over time, aligning well with your goals.

But if your a W 2 and real estate is how you are planning on retiring by investing that is a completely different lifestyle and motivation and game plan. 

Get the details here I'm really looking forward to learning from some of the best real estate educators, and then being able to take those lessons to smaller accountability groups to be able to discuss putting them into action with motivated peers.