If the rental market is not favorable, you’ll likely see less investor activity and therefore less potential buyersAvailability of Data and ResourcesAccess to market data and networking resources can be a huge benefitConsider things like; access to county/court data, is it a non disclosure state, etcCommunity and Economic Trends Understanding local trends/issues can provide crucial insight into your target marketYou can operate virtually, but it’s still important to develop expertise in your target market*** Good market selection is not a guarantee of success.

Managing risks is key - you need to understand and minimize potential challenges like changes in the market, turnover of tenants, property upkeep, financial obstacles, and unforeseen costs.

I feel like it is helpful to add that I am not looking or asking for any compensation for performing the tasks I mentioned above, as well as bringing in my knowledge/experience to benefit both of us to maximize the returns we will get in the future.

The earlier you start in your RE journey, the better off you will be in the future.

I would like to start working on a current project I have been trying to close off buying raw land in the center or Weslaco City to potentially subdivide and build.

And then you add PM on top of that.. that can't work.We still see feasible deals, like a duplex for 300k renting 2 x 1250 with the potential for more.

And if in the future you were going to move and do the same thing you could possibly do a reverse exchange and have the 1031 intermediary take title to the house, sell your town home, and build and 1031 into the ADU before you take title and move into the main house. 

Was it a deal that seemed too good to be true, a property with hidden potential, or a creative financing strategy that paid off big time?

Is this a potential liability with one of the tenants having an injured knee? 

The project has the potential to create approximately 11,500 jobs across Mecklenburg County.The significance of this development lies in Charlotte currently being the largest U.S. city without a four-year medical school.