FYI: If I keep I will be sidelined for 8-12 months until I can buy another deal.

When I started out, keep it casual and focused on building a connection.

I understand LP is preferred over LLC due to avoiding double taxation, but if I plan to stay in the US and keep the money in the US, do I still form a LP?

Focus on those and keep after the ones that think age matters.I wish I would have started when I was 18.

Keeping an eye out @Vicky Desalvo 👍🏾

New investor here.Thinking about end to end pipeline management for finding, closing, rehab, rent, hold/sell deals.What tools are you using to keep your information organized, clean, reportable, etc?

One option is to sell a number of them to break even and keep the rest for cash flow. 

Including buyer agent commissions in financing deals is crucial for keeping the dream of homeownership alive, especially for first-timers.

Keep in mind:#1) they are doing a 1031 exchange (selling 2 relinquished, and purchasing 1 replacement)#2) sale price is over $300,000.#3) it is almost impossible for them to do a simultaneous exchange on the same day.

I started keeping two months security deposit instead of last months rent so we are better protected from from damages or unpaid rent in case a tenant trashes the place during their first year and the cost exceeds one months wort of rent.