Once you have the working capital, there are still deals in Orlando proper, but we love this market and stay quite busy, including with new investors.

When vetting bookkeepers, make sure they understand cash vs. accrual accounting, property-level reporting, and how to handle owner distributions properly.

Airbnb does not allow transferring reservations directly, so co-hosting ensures continuity for guests while you take over management.

Contractors will do too to ensure they aren't wasting their time and they will be paid.You see that a lot on BiggerPockets with new wholesalers posting, "I don't know anything, but want to be a wholesaler.

This ensures you still build a tax-free bucket for retirement, balancing your overall tax exposure.Once you’ve handled debt and optimized tax-advantaged accounts in this order, you’ll be in the best position to funnel additional cash flow into real estate or other income-producing assets.

I’m really hoping to connect with others who have been in a similar position and can share their stories of getting started in the New England real estate market.Short-term goals:Learn the ins and outs of small multifamily investing — how to analyze deals, get started, and ensure solid cash flow.House hack a small multifamily to get out of our current rental.Long-term goals:Build a portfolio of cash-flowing properties.Reach financial independence with enough monthly cash flow to step away from the 9–5.I’ve owned a single-family home in the past (which I sold at a profit), so I have some capital ready to deploy into our first investment property.

Make sure you have the property properly inspected and negotiate repairs, Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

But be ready for a tax hit on all net profit in that same year unless planned ahead with estimated payments.CPA & Bookkeeping: Use a real estate-savvy CPA to help set up proper bookkeeping, project tracking, and quarterly tax estimates.

Like how to properly calculate basis and why it is not just the purchase price of a property and why land needs a value, how to calculate gain on the sale of a Long Term Asset vs a flip. 

These two elements often get overlooked in the excitement of deal-making, but they play a critical role in the long-term success and sustainability of your investment journey.A well-thought-out tax strategy helps ensure you're maximizing all available deductions, utilizing the most favorable tax structures, and ultimately keeping more of your hard-earned income.