With only having 5 properties and them all being long term buy and hold we have found this to be very manageable. 

Essentially gamifying the learning of real estate jargon, terms, laws, etc!

For many of us, our cost structure would be higher than yours (vacancy, turnover, maintenance, cap ex) over the long term.

It should include details like the purchase price, property description, and terms of sale.

Leverage your construction skills for flips, start with smaller projects to minimize risk, and consider house hacking or long-term rentals for a steady income.

I believe that connecting with experienced investors and fellow newcomers will be invaluable as I navigate this path.I am particularly interested in short term rentals, multi-family rentals, and possibly fix and flips. 

My goal is to convert at least 1/4 of the units in a multifamily I buy into medium term furnished rentals (gradually) to bring in more cash flow.

You set your terms.

However, when the first buyers failed to come through with cash as specified in their terms, the seller pulled out and offered us the opportunity to purchase the property at the asking price, and we did.

Monitor your spending habits to make sure you’re consistently putting money aside for both the short-term and long-term costs of real estate.