Doing the work ahead of time avoids scrambling.7.

January tends to pick up, so if you can get ahead with marketing and photos, you’ll be in better shape.When you start screening tenants, pay close attention to any prior rental-related debts, open collections, or bankruptcies...those are some of the biggest red flags you can catch early.For leasing, get your listing on as many platforms as possible (not just Zillow), and respond fast to every inquiry.

The (DOT or Mortgage) is proof of that agreement.The main difference between the two, is that a Deed of Trust (DOT) has written into it that the lender can go ahead and do a foreclosure if the  terms of the agreement are violated. 

House hacking not only lets you live for little to no cost, but from a tax perspective, you can also deduct a portion of mortgage interest, property taxes, utilities, repairs, and depreciation against rental income, potentially reducing your taxable income.You’re already ahead of the game by budgeting, and planning ahead.

I have flipped 4 different properties in the past, but it looks like there are more investors who are already ahead of me in this market.

Most investors look at their numbers once a year — usually when their CPA asks for them in March.By then, it’s too late to make changes.The best investors I’ve worked with — the ones who always seem one step ahead — have a habit I call the Quarterly Check-In.Every 3 months, they:- Review income and expenses for each property.- Check if their financing or insurance still makes sense.- Plan upcoming repairs or improvements before they become emergencies.- Look at their tax position and make small moves early — instead of big ones in a panic later.It doesn’t take long.

At your age I would say go ahead and try it out. 

I thought we could go ahead and opt into this.

You’re already ahead by owning and renting out two properties.

It would be greatly appreciated if someone who has gone through something like this before could share what they used to make the decision to move to the area they’re investing in.I appreciate the help,EvanHey Evan, welcome to BP and props to you for getting ahead of the game while you’re still in school—that’s a smart move.