Then when I purchase them from the tax sale (because the company never pays the taxes) I have the owner calling me all upset because I sent them a $10k redemption bill & damn near have a come apart on the phone once I send them pictures of their cashflowing investment property that was trash.It just feels like some kind of fraud is happening......Not that I care.

The other tenant has been there years and will be evicted for numerous reasons that the previous owner did not care to address.I plan to fix up the property over the next few months and renew the existing tenant to a higher, 1-year lease and then search for a new tenant at market rate.Feeling a bit overwhelmed, I'd like some advice on where to start with a new thorough lease and forms to use since I want to secure a new lease with the existing tenant and will need to screen for a new tenant once I evict and renovate the other unit.I am considering to join the California Apart.

Our ultimate goal is to have around $1mil liquidity to be able to purchase our own land, build our own home, and still have a little bit of a buffer, while also having rental properties for our passive income.I know we could fairly quickly get to $1mil buy buying and selling but I wanted to know what you all thought about what a good roadmap might be regarding that (how many properties to buy and rent vs sell, etc).I have a friend who is very active in these forums who originally lived in Los Angeles and his first properties were basically in the ghetto of the middle of the US.Would a good route be to purchase apartments in the ghetto and be a slumlord for a while to launch our empire?

Jacksonville is huge and has extraordinarily large and complex sub-markets.

Apart from NNN leases being a little bit mor complex, there is also the fact that commercial properties in general require a LOT of cash.

But I'm guessing that's a non starter.Point is you can each get apart from each other using a 1031.

I have a low five figure amount saved up but not enough for a standard 20% down on a maui market home.Besides hustling day and night between 3 jobs and waiting to become a journeyman and granted there will still be work in 3-4 years, I didn’t know what path I should start following.Start with a small cheap apartment/condo ($200-$300k) and work with that while waiting for the market to drop, or dive into a single family home.

I'm looking to buy multi-unit apartments from 5 to 15 units in Lehigh Valley County, in a good areas (Whitehall,Macungie, Easton, Bethlehem,...).

A little background about me, I am 25 - I work in the construction industry ( CAD-Roof Trusses-Wall panels-Floor trusses ) I have made an okay living doing this and my side business is, renovating small apartments or certain parts of homes.

I am sure I will get torn apart for this, but I really don't include vacancy in my calculations, I haven't had a single vacancy (with the exception of when I haven't listed a property so I could renovate) in nearly 15 years.