CCIM and SIOR are good options, but they require a level of portfolio requirements to receive the designations that you won't have until you get immersed in the business yourself.Ultimately, what you need more than knowledge to succeed in this this business, is the willingness to have hundreds of conversations weekly with people you don't already know, and to do that every week for the rest of your career.

A 15 year mortgage requires you to pay whatever the monthly payment is with no flexibility, with a higher payment.

This example would yield a pre-tax net of $340/month (minus any vacancy credit or capital set aside for maintenance (capex).

Certain markets allow you to buy completely remodelled and rented houses that will generate rental revenue right away without requiring a lot of upfront effort.4.

It's a two way street.For me personally, going by once a month to do an AC filter change, and my lawn guy going twice a month to do yard work, plus any other on demand maintenance visits, combined to give me a fairly good pulse of what's going on without any perceived intrusion to my tenants.

Understand your tax obligations and fees to stay ahead of the game.Choosing the Right SDIRA SherpaYour SDIRA journey requires a reliable guide.

Also, does it require cash to close or can be done through loan too?

We have "squatters rights" aka adverse possession laws but it's really difficult to meet the legal requirements for that: the squatter must live in the property as if it's their own for 18 years, paying property taxes, making improvements etc. and it must be open and hostile/ against the true owners wishes for the full 18 years continuously to be able to make that claim.

I would.I require gross income 3x monthly rent.

Also check setback requirements and off street parking requirements.