Stay updated on market dynamics, interest rates, and economic indicators that can impact real estate investments.Set Goals and Take Action: Define your short-term and long-term goals as a real estate investor and create a plan to achieve them.

Purchasing a rental property in the coming months, with a plan to have several by the end of 2025.

Are you planning to force the tenant to buy the property?

How long are you planning to hold this property?

Anyway, I'm confused on the operating plan.

Much like the tax implications of any investment vehicle or retirement plan.7. 

The idea is to create cashlow and wealth through equity and appreciation so the plan we can build few units , sell them and split profit 50/50, while I am the boots on the ground overseeing the process of building from start to finish, meanwhile the partner brings 100% of funding. 

My sister lives in the area and I can't imagine anyone planning a vacation to the Ozark Lakes over Branson.

I think it is more of a 20 year development plan, so cash flow now and let your investments grow naturally over time. 

Perform comprehensive due diligence, such as financial analysis, title searches, and inspections; also, go over lease agreements with renters to make sure they are aware of their rights and responsibilities.If all goes according to plan during the due diligence phase, close on the property, complete the financing, and get ready for the ownership transfer.