Since I have never made a deal before nor do I have a lot of cash to start, I don't know if I should start small with a single-family house or if I should try to pull some investors together and start straight away with some multifamily properties.

There are a lot of professionals who will not work in those areas because they are deemed rougher.Best of luck to investing in Jacksonville.

Hi Danielle,There is definitely a lot you can do in Real Estate.

@Luke TamezIn theory, you could split off the 10 pads legally, through a lot split, but the issues would compound.  

This makes a lot of sense to me.

Hi Alexandra,Yes there are a lot of loan options available for investors in your shoes.

I truly appreciate it — I know time is valuable and life is short, so your attention means a lot to me.My name is William Hollen, I’m 31 years old, and I live in Altoona, Pennsylvania.

Now, there are other ways to structure the purchase of a short-term rental to include the cost of the furniture without buying outside of the contract, but in the end, there's just not a lot of value in a turnkey vacation rental without the reviews.

But it can be much more impactful and generate a lot more cash flow than a traditional rental as well.

I used to think the same thing.But after working with a lot of new investors, here’s the pattern I keep seeing:The people who grow the fastest are the ones who get their foundation right before they buy anything.I’m talking about simple stuff like:Opening separate bank accountsKeeping clean records from day oneUnderstanding how income and expenses actually flowGetting a basic system for tracking your numbersYou don’t need to be an expert.