After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided to redirect some recent Real Estate proceeds out of a 1031 into BTC.

-Youtube, Google, and ChatGPT: I often find myself looking up videos or asking ChatGPT about terms I am unfamiliar with, which has been a great help so far.

Yes, it will be exhausting, you will learn a lot, Youtube will be your best friend but don't give up.

We have started down the road of fixing the place up, because we have a strong personal relationship with the seller, but it's time to get this in writing and set this deal up legitimately.I'm going to jump on YouTube and watch some Pace vids, but any other suggestions, resources, etc. would be greatly appreciated. 

If I weren't there, I would have a home watch person go over after someone leaves to check on it but then still clean it prior to next guest.

The #1 determinant is the Tenant Pool.If you don't believe us, try putting several Class D tenants in Class A apartment buildings and watch what happens.

Just watching YouTube videos gives you only part of the solution. 

More of something to think about, and like I said, I'm not sure I believe that, but as we discussed the careers of several agents that we have watched over the years, it was pretty much true in these examples.Another idea is to visit new home builders in those cities. 

Most also have podcasts and I expect youtube videos, so you might check out some of those from each person before you commit to $20,000.   

Never consider Milwaukee, but I have heard other investors I follow on YouTube mention it.