Low-income housing is a smart niche with strong long-term demand.Are you and your partners targeting specific neighborhoods in Chicago for your low-income housing investments?

@Kenya Glenn You're asking the right questions, and mobile homes can absolutely be a smart entry point into real estate, especially for a grad student aiming to build generational wealth with limited capital.

This would really help me out in analyzing deals/running the numbers.I am in GA if that matters any (Fulton, Dekalb, Cobb, etc).Smart approach for you to take that into consideration.Yes, it matters a lot where the property is.

A multifamily home can be a smart move though, especially on Long Island where prices are high and rental demand is strong. 

Outsourcing property management is smart to keep it passive and scalable.

Smart devices: Everyone is talking about door locks these days, and yes they are a huge added bonus to your property.

While that can be a smart strategy, it can also backfire.

You can learn everything you need to know and all about what not to do in the forums or you can do the smart thing and not even consider wholesaling because you are probably doing it to make money to then invest and that is less than 1% who will succeed at that and most who do have a large budget to the ball rolling. 

Often a smart seller will require a buyer to take the bad with the good.

Insurance costs are also creeping up, especially in high-risk zones, and that’s started to affect my numbers earlier in the process.Buyer preferences seem to be shifting too, more people are asking about smart features or energy-efficient upgrades, even in starter homes.