Looking for advice as a beginner & mentorship
Hey everyone! A week ago i shared a post about a potential build to rent project in Lehigh Acres on land gifted to me by my father. After diving deeper into the local rental market and hearing from experienced investors, i have decided to pause that project due to concerns around declining rental demand in that area. So i am back to the drawing board, and looking for help on where to get started. A little about myself for context, I just turned 21 last month. i have been working as a registered nurse for the past 8-9 month, and i currently live at home with my parents in Port St Lucie, FL. I have no student loans or personal debt and very minimal monthly costs (gas, food, etc.). I have been studying real estate since i was 15, having a basic knowledge of underwriting single family and small multifamily properties, and more. I plan to invest with my older brother who lives in orlando and works in a warehouse. I have saved about $15,000, and while im unsure of my brothers current savings, we know we will need more capital to make the first deal happen. Im actively working on increasjng my income by switching to a different nursing role, and possibly picking up a second job. I am now considering out of state investing and would love any feedback back on whether thats a smart move for a beginner, or what i should do to start out in general. I am also actively looking for a mentor someone in the Port st lucie, FL area (or nearby i am more than willing to travel) who would be open to letting me shadow, assist , or help out in anyway possible to gain hands on experience. Im ready to put in the work. I appreciate any advice, resources or connections you're willing to share, thank you!