Get the book ' 50 Real Estate Investing Calculations' and don't invest in real estate until you master all the calculations in that book, but the book does not teach how to stretch out your profits over the 5 to 30 years.The biggest problem I see with new investors is they don't know how to do the math and if you can't do the math then you cannot understand what or how to invest.$200,000 could get you some profits like this, but then banks want you to have a little more money for a cushion for vacancies and unexpected repairs.

Access to public transportation isn't a priority, my target renter has a vehicle.My time horizon is buy, rent, hold for 5+ years (and likely refi early if the market performs well). 

After seeing how well our basement performs I definitely think househacking an Airbnb may be the best way to go right now!

The specific language you need to perform your wholesale transaction should be acquired by your attorney and you should consult said attorney on your state's laws regarding how to legally wholesale as many do it illegally - brokering without a license.If you plan to have an assignment clause to assign the contract to another and market that property/contract to others for a fee, you are brokering.

We are trying to find some general contractors to bid out some extensive renovations, however it's extremely difficult to find vendors willing to drive out to the coast for work.

Hello investors, I heard that QOF were getting an extension due to Covid.

There is an "ABC test", as follows:Under the ABC test, a worker is considered an employee and not an independent contractor, unless the hiring entity satisfies all three of the following conditions:a - The worker is free from the control and direction of the hiring entity in connection with the performance of the work, both under the contract for the performance of the work and in fact;b - The worker performs work that is outside the usual course of the hiring entity’s business; andc - The worker is customarily engaged in an independently established trade, occupation, or business of the same nature as that involved in the work performed.But under B, my business is renting residences, which includes sometimes fixing a broken doorknob. 

A property I am interested in purchasing had some extensive repairs - water leak from roof resulted in wood rot.  

It could be because so many first time home buyers are already stretching their budgets that they don't have the money to rehab a place. 

@Louis Zameryka if you’re considering a beach STR, and there is nothing familial tying you to Gulf Shores, I think you’ll see better performance year-over-year in Destin.