If anyone plans on doing short term rentals to some degree or building additional living space, then this is imperative. 

I would focus on growing relationships and building your core 4.

I hope to be able to continue increasing my portfolio and potentially get into multifamily buildings if possible. 

I am a first time real estate investor trying to build my real estate portfolio.

Found following information about building permits on City Data: https://www.city-data.com/city/Calera-Alabama.html2022: 125 buildings, average cost: $155,700 2021: 216 buildings, average cost: $156,200 2020: 322 buildings, average cost: $144,500 2019: 213 buildings, average cost: $147,600Regarding Property appreciation: This property was sold last november for 269K and there is a similar property on this street that has been sold for 289k on March 12th that is last month.

Super nice to connect with like-minded pro's looking to kill it and build true power in networking and connections.

Forced Apperception (BRRRR or buying at a discount) allows me to build in equity from the beginning of the investment in case I need to fire sale the property for an unforeseeable reason.Debt-Paydown and Tax-Benefits are just a result of owning real estate and can be more-or-less predicted over a time period.

McDonald’s does not own land under building unless they also own the buildings.

You might want to consider negotiating with the seller to resolve these issues as part of the deal.House Hacking: Living in one unit and renting out the others can be a great way to cover your mortgage and build equity.

Then just building equity for a while until I can move again and use another fha loan.