The cost of entry is low while the cash flow is high.

High prices + high mortgage rates + low inventory is making this a challenge.

I've been living in WA State for a year and have been learning my local market (I live about 45 min northwest of Tacoma on the Kitsap peninsula) while saving to buy my first property.The high home prices and high interest rates are making it challenging to find good deals.

The prices I am being quoted are outrageously high.

This is a great strategy for high income earners as they can purchase a short-term rental get a cost segregation and slam a huge loss through to offset current years income. 

As we all know, interest rates have been very high these past years (7.5%-7.7%), and there are rumors that the FED are looking to cut the interest rates in 2024.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

I highly recommend attending a few monthly networking events/meetups!

In order to consider a legal bedroom, each room will need at least 20 inches wide by 24 inches high for a window.

I highly recommend Mark McClanathan at Cox Castle in Irvine.