If they work independently, set their schedule, and use their resources, they might qualify as a 1099 contractor, but misclassification risks IRS penalties.Wages for W-2 employees and payments to 1099 contractors are both deductible business expenses, but compliance is key.This post does not create a CPA-Client relationship.

It’s a longer-term game, though, with higher upfront costs.I’d say spend some time researching your target area and connecting with local investors or meetups—they’re goldmines for market insights and networking.

Happy to send over some resources regarding the Columbus Ohio market and why it's a great market to invest into.

Of course it all depends on pricing and what your target demo is.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Are you working on any projects or targeting anything specific?

Identifying these trends and targeting high-demand areas can yield solid returns.Long-Term Stability: Real estate has historically been a stable, appreciating asset class.

If you’d like to dive deeper into my experience and why I’m bullish on Detroit, I'm happy to share some resources if you want to DM me.

I have 8 properties that I have rented through section 8 now and didn't need any additional resources than the one freely available to he public from the housing authorities.

You have received some great recommendations and if you are yet to decide on an Investor friendly to work with, you can send me a DM and see if we are a good fit.I do provide free mentorship and a lot of free resources and connections to anyone I work with especially beginners like you.