The most important element of making money with Real Estate is time, and the time I gave my house to appreciate is what has made scaling my portfolio 12x in the last year possible. 

Although you can be successful, I've dealt with numerous scams throughout the years.Zillow has been most helpful.If you have a decent portfolio of rentals, consider using companies like Showdigs or Tenant Turner.

.- There is no need for onerous IRS filing and reporting which accompany a typical FAPT such as the 3520, FinCen114 and numerous FATCA requirements.- The Trust is NOT limited to using one of the DAPT jurisdiction which continue to have damaging cases and are creating a very poor track record of actually protecting assets.- For 97% of the client, they will remain the Trustee of their Trust and may pass their assets and even the planning to their children.

It is for this very reason that I have, on numerous prior posts, advised that the "old" Owner/PM be instructed to send an introductory letter to the tenants, informing of new management, which would be followed up by a more detailed letter from the "new" Owner/PM, along with new Owner/PM sending termination notice at the earliest lawful date to end the old agreement.

Also look for numerous multifamily offerings from sponsors across the U.S. which allows you to invest in different markets.House-hacking, fix and flips and wholesaling are for more active investors mostly in single family homes, but these are good ways to get started when you have time and not a lot of money. 

There are numerous ways to connect with others.I'd love to connect and offer insight where I can.

What elements make income properties profitable?

It is similar to the work of a BRRRR, but due to no likely extraction of investment the returns are far worse.The price of ADUs varies depending on numerous criteria, but the Texas estimate is way low for So Cal. 

Search BP and you will find numerous posts on properties that added ADUs that resulted in large negative positions that they require years of cash flow to recover.

Maybe an element.