Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.

I used the proceeds of the primary residence I owned in NC to grow a portfolio of value add buy and hold here in College Station.

I have never owned my own property, yet grew up in a family real-estate holding company and directly understand the power of real estate investing.Since 2020 ive seen homes double in price. 

Investment Info:Single-family residence buy & hold investment.

If I hold a property in an LLC (sole proprietor) can it be sold to an LLC that my son is the sole proprietor of?   

Let's hold out breath - it's been 3+ weeks so far!

For example, population growth in certain neighborhoods and increased investor activity have created opportunities for both long-term rentals and value-add deals.If you’re torn between wholesaling and holding long-term rentals, I’d suggest thinking about your long-term goals.

Which is why I think house hacking is best for 90% plus of new buy and hold investors.I wrote an article on this a while back that goes into more depth and you might find that helpful: https://www.biggerpockets.com/blog/get-a-loan

You're running a business and when you proactively do so, your tenants will know that you're holding up your end of the lease - and if they don't, they don't stay.Hope this helps.  

Some other factors to consider - How long are you planning to hold this property?