Though my property management company eventually took care of the eviction proceedings and repaired the property to prepare for a new tenant, I feel they were negligent in their duties.

I’m excited about the opportunities ahead and can’t wait to connect with fellow investors.

It is not really apples to apples, but generally speaking the more money invested the further ahead you will be eventually in the future, just because your compounding base is higher, regardless of where the money comes from - ie, 4 300k properties are 1.2 million on property, which is double the 600k property.

Additionally, transitioning certain activities, such as maintenance and repairs, to be conducted directly through the business entity could strengthen your position for claiming deductions.

They do an inspection, look for potential costs with repairs and produce a final report.

Market might be competitive but there is angles to stand out depending on what you are comfortable and able to handle, such as waiving an appraisal contingency, limitng inspection rights and time frames, closing time frames, allowing seller to stay-post closing, taking on difficult tenants, buying properties that might need repairs, etc.

I'd call insurance before having any sort of plumber to come do any repairs.

If it sucks for you, you can sell and be further ahead than you already are today.

Look into FHA 203(k) loans for repairs and down payment assistance programs in your area.

I've had a lot of large repairs in the past year that just kill the cash flow.