Additionally, the structure for these porches is commonly undersized and may need repair work including but not limited to sistering joists and providing steel angle brackets at the notched beam to column connections.

Local Facebook groups of investors or subreddits can also be huge.2) Attend local meetups and REIA meetings, these can be great to meet potential clients and other contacts to source deals3) Friends and family CAN work but you should try this: set up a class on real estate investing, have yourself and other folks speak about how to get started and Invite every single person you know and if they're not interested, no problem, ask them if they know anyone that can benefit from that4) Longer term, but you can create content on available delas for Inst and TikTok, Real Estate investing is a hot topic and not many folks use those video platforms to show people real deals and how to get started.Best of luck.

American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commission.The National Association of Realtors, a powerful organization that has set the guidelines for home sales for decades, has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on commissions.

You set up everything online and via phone. 

There are several different options, not sure about 7% but there are some options to off set the rate to reduce interest. 

Port Townsend limits STR inside the city limits so it's pretty much a no-go. 

It would be walking through the whole process of finding and buying as well as setting up an LLC. 3 weekly calls for a year if wanted. 50/50 profit split up to 25k each. 

It’s not a set and forget system.

Quote from @Cody Scherle: There's no need to create an investor identity, set 5-year and 10-year goals, or any of that nonsense.

(This is called a 1031 exchange and you must set it up BEFORE the sale occurs and you must never have access to the money.)Lastly, if you hold an investment property (not a flip) for over a year it becomes a capital gains tax instead of a regular income tax.