@Kelsey Mortimore I’m doing a mixture of both, trying to keep some cash in reserve but also staying active and still doing some deals here and there to keep some money at work and especially keep a pulse on what’s happening in the market.For your first investment though, I believe the best time to start is “now”, at any point in the market cycle, simply because you have to live somewhere and there is a lot of virtue in just getting started and getting over the “first deal” hump, overcoming “analysis paralysis” etc.I’d recommend taking some time to “digest” your first deal though and acclimate to all the joys and responsibilities of house ownership, before rushing on to the next one.

I would not worry too much, simply put it on the market.

Are you simply trying to avoid the fees and regulations that go with an LLC? 

I have a collection of 4 buildings (still negotiating 3) on a D+ street that I believe some reasonable aesthetic improvement could attract a C- crowd.

Simply put, college is terrific, but, in some cases not necessary.

I simply heard of a tax concept that I thought might be applicable to what I’ve already completed, and came here to learn more about it before wasting my CPA’s time.

@Dan Sheeks Hello Dan, I think it's safe to say my largest obstacle is simply inexperience.

Are you going thru Your brokerage to conduct the transaction or by way of being an investor are you simply going to the seller, putting the property under contract and closing or double losing with an end buyer and not involving your brokerage?

Will simply searching using the “Sale Type” feature set to REO be enough or do some agents not adjust sale type correctly?

With a park owned rental, the tenant can simply leave anytime they want and there is no vested interest in them staying.