Reach out to 50 investors in your area and ask to have lunch, coffee etc.

Specifically, I am focused on wholesaling as a way to build enough capital to start investing in SFR/multifamily with a buy and hold strategy.

I will reach out to my city and hopefully get that approved here in the near future. 

Make sure you leave that new LLC as a disregarded entity, or if you bring investors on with you, make sure it’s taxed as a partnership (subject to Subchapter K).The only way to mitigate cap gains would be if the property appraised very close to its net tax basis.The other strategy at your disposal is to dissolve the S-Corp in the same year (though you really need to be in-line with your CPA on this one)… you should have more tax basis post- deemed sale, and that basis would help you achieve a capital loss on dissolution of your corporation.Talk to your CPA my friend!!

Bruce: Thank you very much for the recommendation, I reached out to Lonergan.

If you're interested in the market, reach out anytime, I'd be happy to talk with you! 

"She doesn't boom but she doesn't but either"The only issue I see with your strategy is scalability. 20-40 units often get crushed with expenses because of the lack of economies of scale. 100+ units are actually easier to manage :)Happy hunting!

He or she will be notified of being tagged so that the conversation will continue.See here for the Guides: https://www.biggerpockets.com/guidesSee here for The Path to Purchase: https://www.biggerpockets.com/learnSee here for the blog: https://www.biggerpockets.com/blog/Search MeetUp.com for local meetups.If you have any questions I can answer, don't hesitate to reach out!

Feel free to reach out.

I've found some great potential PML's by reaching out to retired investors and building genuine relationships with them.