An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Here are some considerations:Higher Initial Investment: Multi-family properties are generally more expensive than single-family homes, requiring a higher down payment and potentially higher financing costs.Management Complexity: Managing multiple tenants, leases, and potential tenant issues can be more complex and time-consuming.Local Market Demand: The demand for multi-family units can vary significantly by location, potentially affecting rental income and property value.If you are more interested in Class A or B properties and have a less cash flow-dependent plan, residential properties can be a simpler place to start.

If you're just starting and don't have time to deal with a lot of potential issues, turnkey is a great way to get the ball rolling.

Honestly real estate isnt cheap and had some big legal repercussions so theres going to be fear but it's about looking at your first property, the first flip, or the first time you pitched a potential investor and recognizing the courage it took to take that step.

I’m excited to learn from everyone here; I’ve already picked up on some priceless tidbits.In the meantime, I have come across a potential investment opportunity on a property that I wouldn’t have time to rehab.  

So, being a passive limited partner (LP) might align better with your situation, saving you from potential liability coming from the investment or asset. 

It's smarter to know your market and potential buyers before committing to a property.

This can build equity and potentially increase rental income through property appreciation.Another option is to sell one or more properties to free up equity and reduce mortgage debt, which can be useful for reinvesting or diversifying investments.refinancing one or more properties to lower monthly mortgage payments and increase cash flow could also be beneficial, especially if interest rates have decreased.the best course of action depends on the clients financial goals and risk tolerance

This ensures that the upside on any potential deal more than makes up for the upfront training fee.Think about the fee as "skin in the game".  

Best practice is to have a solid policy that addresses the various scenarios, then stick to it.