As always if you have any questions, I would love to connect and talk about all things data and real estate.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

But I would remain open to long-term rental as an option as this seems like a more stable option in terms of income, again this may be my inexperience talking.However, I have always  been somewhat risk averse and investing in real estate is always a big venture, in my opinion/experience, in terms of capital.

Welcome to the wonderful world of real estate!

If one of you actively manages the property, pursuing Real Estate Professional Status (REPS) could unlock full deductions against W-2 income.

I would love to hear from those who have actually invested in these areas vs. realtors/real estate agents.  

Many buyers/investors are using this strategy to invest in real estate.- get into real estate with a lower rate and lesser percentage down payment.

Hi Steven,It sounds like you and your wife, Renee, have a wealth of experience in the real estate and construction fields, which is a great foundation for starting your real estate investing business.Given your background in residential remodeling and home inspections, and Renee's experience as a real estate agent, you're off to a strong start.

Hi Ryan,Welcome to the BP community and congratulations on taking the leap into real estate investing.Wishing you much success on your journey.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).