Establish connections with real estate brokers that focus on investment properties.Funding: Explore various funding options, such as partnerships, hard money lenders, private lenders, and conventional mortgages.Make use of your experience in building to precisely estimate repair costs and provide prospective lenders with well-prepared project proposals.Look into any grants or incentives that may be available to real estate investors on a local and federal level.Create a concise business strategy that outlines your objectives, both short- and long-term, target properties, and investment tactics.Remember, each real estate market is unique, so adapt your strategies based on your local conditions.

Background: My wife and I live in San Jose, California, where we are renting a basement apartment from family for a great discount. Both of us have corporate jobs with decent salaries, so we are saving about half of o...

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This is the only way, join a like-minded group that don't sell trainings & magic strategies, etc. 

Have you done any other investments and do you have any strategies you plan to follow when it comes to investing in the future? 

I am thinking of changing my exit strategy from my typical BRRRR to a little fix and flip to generate some side income.It's like I am thinking of hitting the reset button to find better results elsewhere.

That is a great strategy.

However, if someone sues you and wins, they could take all of your rental properties.Better:Using a separate LLC for each rental property.

It is best to have both options as exit strategies.