Readers should seek professional advice.

kept using people who don't do real estate to do my taxes, and also they had horrible communication skills, I don't trust people who only see u as money.

But still, I think it's a bit too high.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Now were back to a mare normal world where a person has to have that skill of forecasting, analysis, ability to "read the tea leaves" for where it's all going and if todays acquisition makes sense. 

Keep that as a backstop when the primary funds run out so that you don't have to pass up on a great deal that comes your way.LLC structuring is something that you really should talk with a tax professional about.

Also makes it look professional when a potential renter comes to look at it.

I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.

With experience in construction and sales, you'll definitely be able to use those skills to your advantage when doing value-add deals.The better the deal is, the easier it will be to do the BRRRR method and you can find some of the best deals off-market, so it's important to build a solid network and create deal flow so you can see as many opportunities as possible. 

If you’re have ambition either for a career as a management/ professional/ entrepreneur or becoming a real property investor then you’re going to bat with 2 strikes.  

The area has attracted a lot of new young professionals with their work from home marketing that gives $10,000 to qualified families to help them establish themselves in the area.