In the meantime you can try to learn as much as you can about real estate investing and figure out what your strategy will be to achieve your goal.

I am currently 19, and attending college but I seek more in life as I have certain goals I want to achieve.

Agreements aside, because we are working up that now, we need advice on where to create entities, how to best structure to optimize tax and liability implications.

Not short term...long term...with an actual number with a "$" in front.2 - Work your way backwards (reverse engineer) from step #1 by breaking down Step #1 into smaller mini steps...I like to call them "achievable measurable milestones".3 - Define the financial criteria, as in "how much profit" or  "cash flow" must you get at each of your Milestones.4 - Go find the micro-markets where the property profiles align with each of the different criteria from Step #3...they will be different profiles since the criteria will be different.5 - Decide on the best strategy, or strategies, that will achieve each Milestone.6 - Run a practice/test using actual properties...as if you were doing it for real.7 - Now...do it for real.

A couple of thing I am working on to achieve my first purchase: I am looking at 2 strategies (BRRR or just raising my own capital), which would be better ?

-Write a personalized letter to send with your offers; tell the sellers about your family and your goals in life, how this property will help you achieve those goals.

(NorCal), My goal is to achieve financial freedom, I like piping hot coffee and long walks to the pantry.

@Hadar Orkibi @Jake Stuttgen @Taylor L.Great feedback on the things you all do to improve or optimize your business.

With the rents in the area that your home can achieve, would it still cash flow after budgeting for mortgage, taxes, insurance, vacancy, repairs/capex and management?

If you are purchasing from any zero appreciation area and the cash flow projections do not reflect close to 50% of rent then the cash flow projection is likely more optimistic than what you will achieve.