Even if you are going to hire out all the work, I believe it's vital that you educate yourself in order to minimize the risk of getting ripped off.Depending on the answers to these questions, maybe a multi-unit is not the best way for you to start.

From a tax perspective, you want to focus on the repairs first that make the property habitable.

My second park was an abandoned 8 unit court with only 1 habitable singlewide.

By leaving out vital information of what is required to effectively execute these methods like, TIME (we have over 900 hours invested and are far from the tipping point of success with this, we have the luxury of doing this full time most don't).

Focus only on things that must be done to be habitable and take no tenant requests for upgrades or frivolous stuff waste no money in your personal life that’s not necessary .

Where you start will have a big impact on your network and habits.

During the day I work a corporate job in Operations, which helps fund my real estate habit.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups.At the bottom of this page is a list with help in it.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

Now I am in a financial situation where I am ready to invest.I know from experience that networking as an entrepreneur/investor is vitally important.