Go to REI events if you aren't already and spend the time shaking hands (post-COVID) or elbow dipping and learn about what your local investors are looking for instead of looking for a way to automate something that sellers will not want, like excessive texts from an app.

@Mary JayThe contribution would be considered an “excess” contribution which would be taxed at 6% each year until it was withdrawn.Your cpa should be able to give you your MAGI.

were actually closing today on our first rental property in Indiana not too far from my house and next I will be looking for a multi family in Wisconsin probably found some areas there that I see have potential and the prices on 4 and 5 flats are super reasonable and the job and population numbers are on the rise. 

If there are ways to excess contribute the Roth IRA, are any Tax ramification to contribute excess funds?

They all seem to have some of the scariest reviews I've ever seen -- from excessive fees to ponsi schemes! 

The only real advantage would be to cash in on buyer's commission and avoid the seller listing fee, however, most brokers still charge a flat fee minimum for transactions.

Many laws are changing daily, if you don’t get everyone to voluntarily leave before trying to sell please be careful not to violate any laws with fines that IMHO can be VERY excessive. 

Two weeks ago water was getting into the ground unit of my 3 flat and I happen to live in this unit.

I was also a licensed realtor in FL at one point so am familiar with the business from that aspect, but still have so much to learn as I move forward as an investor.  

I don't want to be the knit picky type of LL that tries to nickle & dime people but I am trying to find that balance that is general wear and tear and what is excessive wear and tear and should be taken out of the tenants deposit.