Should I build my first house or buy the established one ..

I'm thinking about either a two-building situation and renting out one full time or possibly building a glamping style place on a plot, but I think the regulations make that more difficult now

@Idan Narotzki it really depends on your state regulations. 

@Lee SyndergaardFirst I would make a list of all my assets and the way they are titled (bank accounts, savings, brokerage, retirements account, properties) and their value.I would bring also copy of will, living trust, advanced directive, and other documents regarding estate planning.Then I would also have a simple financial statement of the different investment properties and bring a copy of the lease agreement and insurance policy.The different topics that you would probably want to discuss with your attorney would be:Your estate planning,Your asset protection,Your real estate operation in regard to tenant selection, lease agreement, tenant eviction, security deposit holding and return, advertising regulation, licensing requirement, insurance.

You may have to work harder than men (on average) but once you get going, get confident and established you will be fine. 

I think this timeline will depend a lot on people's level of worry around Covid, as well as what state and city specific regulations still in effect.

Once you establish a system and get through the speed bumps, it becomes a breeze. 

Having an already established portfolio of cash flowing, turnkey properties provides a good foundation while you can work on other strategies, and you don't have to take the time, risk & money of doing everything on your own from the very beginning which make no mistake there is a lot of all that involved!  

That totals 3 state returns and 1 Federal return.If you want Charging Order Protection Entity (COPE) status make sure your LLC is established in a state that provides COPE.

These are often ideal for long-distance investors, who what to work with an established team that manages all aspects of your investment.