Of course some basic education is good like online courses or youtube, or biggerpockets or just plain ol' chatGPT.

You are right in that a 1st position cash out is like basically hitting the reset button again.

Not a small deal.This is basically the same post I have made before.

So anyway one can pay the  20k and get some basic theoretical knowledge but one should be realistic this is a big cash up front business.. your not going to find consultants doing this work on the come.  100% agree.

We used a basic format, but each sheet was highly customized for each property.Already know based on your market/criteria?

Note I've done a bunch of reading I know the basics (have to buy in a certain amount of time, like exchange, etc.).

Better tenants are easier to manage and require very basic resources.Tenants with under 600 credit scores statistically require higher more resources to properly manage.One of the managers of Nomad responded on another thread that they are a tech-focused service and NOT personal service oriented.- I take that to mean they can handle Class A and most Class B tenants, but not Class B-, C or D tenants.They probably are also NOT a good match for owners expecting personal calls and hand-holding.

Use this period to build “investor muscle”:Network locally: Northern NJ & Northeast PA have active REIA and Mastermind groups where you can learn creative strategies (seller finance, JV, partnerships, DSCR lending, etc.).Educate tactically: Move from general podcasts to deal-focused learning — cash flow calculators, DSCR loan basics, and rent comps.Understand investor financing: Once you’re ready, your pension-backed W2 and equity could make you an excellent DSCR or bridge loan candidate with the right structure.⚙️ 5.

@Bo Smith yes I would use a property manager Background: the military gives a basic housing allowance (BAH) that is adjusted each year based on locality.

New leases: Basic Plan - 50% one-month of rent.Property put on our website, Zillow family and Go Section8Premium Plan - 10% one-month of rent.Property put on all of the above, total of 37 websites (some manual entry) and MLSRenewals: $200 flat fee