Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

They need to be high traffic areas in "trendy" parts of the city, or the alternative is what this forum is discussing being near Cleveland Clinic where travel nurses can be a large part of your tenant base.

Overall the best way to start learning is listening to podcasts and reading books.

The information provided is for general knowledge based on my experience and should not be considered tax or legal advice.

To be honest in today’s market I’m not seeing nearly the amount of wiggle room in renegotiating a price based on repairs.

Allocate equity based on contributions: you provide the $235K HELOC and management, while your former boss contributes renovation expertise and labor.

I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.  

The hours are erratic, it's all commission based and I'd say it takes about 20k to get started depending on the market.

Do you have a specific revenue target in mind for hiring, or are you basing it more on workload?  

Does anyone here have any idea (based on data), if the home prices will be going up or down in 2025?