Your experience with project management and relationship building will be invaluable in real estate, whether you’re interested in development, investing, or property management.Your entrepreneurial mindset and eagerness to learn are excellent foundations for diving into real estate.

They also provide guidance on entity selection, tax strategies, and long-term planning, which can save you money and trouble in the long run.

., @Jay Hinrichs and @V.G Jason have done an excellent job of laying out a flaw in your thinking, and I will take it a couple of points further.1.

You can mitigate almost all of the risk by just hiring an excellent property manager. 

Vrbo has free price automation software.I use Excel for book keeping.I don't pay for any third party software, not really needed on 1 or 2 properties.I charge a little extra for cleaning fee than actual cleaning costs.

Tenants pay with Zelle, PayPal etc.Only takes me a few minutes per month to put in Excel.  

This Meadowbrook Dr SE property presented an excellent opportunity due to its favorable location and untapped potential.

When I'm selecting an insurance provider, what sort of things should I be looking for?

Milton and Farmington can be excellent choices, too, often with more budget-friendly options and the chance to add value in less saturated areas, might have better cash flow luck here.For lenders and agents, I'd recommend networking with those who have experience specifically in the NH Seacoast markets since these towns can vary in terms of tenant demographics and rental demands.

You can also look into community solar projects if you're not ready to commit to a full commercial lease.Timber Harvesting: If there are trees on the land, selectively harvesting timber could generate income.