Buying properties back then in the Bay Area and doing nothing turned out to be an amazing wealth building strategy :) But, it more than tripled his net monthly income making this move!

Are you quoting net cash flow - after taxes, insurance, maintenance/repairs, property management if needed? 

The reality is that you need a lot of time and money up front to get your project started and you need to really work on building your credibility.

I have my 2023 taxes Non W2 and hope to have my 2024 Taxes Non W2 back end of this coming week. 

Don't make the rookie mistake of overlooking build quality. 

This will help you close deals faster.Focus on marketing and lead generation to find motivated sellers—direct mail, driving for dollars, and online marketing all work well here.Know your numbers—being able to accurately assess the value of properties and make solid offers is key.Network with other investors and professionals—attend local REI meetups, connect with title companies, and build relationships with hard money lenders.Feel free to reach out if you ever want to chat more or exchange ideas!

Once you understand their pain points, you can tailor your solution to fit their needs, not just sell them on a process.Also, social proof builds trust.

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

First, there are about 6 states that I refuse to invest in because of their tax laws and what I consider to be an unfriendly business environment.

Therefore you have to rely on contract, if its a new build, make sure its in the Purchase Agreement.Why?