@Cami GrantIf you start your first home by investing in land, you can earn it through the Internet, market research, education, networking, research, risk management, and goal setting.

This type of real estate comes with high risk and high reward.

As investors we don't pick guarantees, we assign probabilities, allocate on conviction and then manage downside risk where possible. 

I’m in search of existing investors or STR operators in Utica, IL, Ottawa, IL, and the nearby Starved Rock region for potential gatherings.

It covers a wide range of topics including finding potential properties, financing deals, and managing tenants.

If they go month to month you need to be compensated for the risk.

If it’s not for you, there is a risk-free exit strategy.

I purchased in 2019 and there was certainly a learning curve (understanding county rules and code, getting to know the local renter demographic, dealing with a limited pool of service providers in the area, understanding fire risk and mitigation; etc).

Multifamily homes often require more maintenance, so factor in potential repair costs when evaluating a property.

I've found some great potential PML's by reaching out to retired investors and building genuine relationships with them.