Your strategy will depend on your goal. 

Maybe change your strategy, market, or property type. 

I would go 2 small to split the risk . even if you want to get out of one you always can and still hold one . more flexible strategy . but more management 

We are currently looking for a real estate investor CPA to assist us with tax filing and tax strategies throughout the year.

Acquired over $5M in real estate - which includes the path of buying a duplex with my VA loan, a SFH 5 months later with a 1% down loan, a 4-plex with my VA loan 2 years later, built a custom dream home with an AirBnB suite, completed a horribly over budget BRRRR SFR, completed another SFR that went way over budget, sold my quad for a 4-unit office commercial space, sold my 4-plex for a luxury cabin in Oklahoma AND most recently bought a brand new home to use part time while visiting my girlfriend/future wife in Florida.All of this wouldn't have ever happened if my butt didn't get dumped.

Have you thought about the specific strategy you are going to use or what your business model might look like?

I don't think you need to be capable of setting up and customizing an entire accounting system to be a real estate investor. ...Go with something that's already configured out of the box for real estate investors (buildium, stessa, Digb) & get a CPA to help you with taxes.  

In the meantime, relax, do some research and look into different strategies that appeal to you.

The downside is more maintenance and repairs, more toilets, stoves, water heaters etc...Depending on what your goals are for the investments and your acquisition strategy would point you toward one asset class or another. 

Hi everyone,I would like to get some opinions from wholesalers on what the best strategies are for picking up off market, distressed properties.