4 - Understand that all three of the above knowledge bases must work together as a single system, with each or the three depending on the other two for their true success. 

Properties under 100K are high risk singles or doubles in tough areas.It’s important you understand what areas you are getting into and what the risk is on each property.I have seen a ton of investors chase what we call “paper returns”They look great on a spreadsheet but reality can be painfully different.Location is the first most important category, asset condition is second, returns are third.You have to have a grading system and an analysis system in place to find a great property.

Best wishes.Jonathan Small I would’ve voted for your post more than once if that was an option.

You'll probably need to focus on having an effective training program, lead generating system, as well as an opportunity to be mentored or coached.

My vote is build out the ADU -  you know the neighborhood already,    you have a good idea of likely renter demographics and likely rental (long term and STR) demand already.   

That is kind of low on an old house in Worcester unless this is in great shape and has a lot of updated systems.6.

Working with cities during Covid is hard, so be understanding with people, BUT DON'T just "trust the system".

Working with cities during Covid is hard, so be understanding with people, BUT DON'T just "trust the system".

You can hire a property manager he ca. set you up in his system as 25% owners and you all get a draw equal to your portion of the net proceeds.

I spent a lot on improvements on a rental this year (hvac system, new flooring) that usually I would have captured on my tax return but I’m worried that the lower AGI is going to affect how much I qualify for for the new house.