heheI miss the Midwest's "simple" mentality of my common folks.Even tho, as you mentioned the weather can get brutal.It's always a tough gig to do deals from afar unless buying turnkey.Even then, turnkey is not worth it unless the portfolio is big.As soon as you can, move to the market you want to invest in and with time you might become "institutionalized" to it just like I did with Toledo hahaI put Ohio Cashflow on the back burner 3 years ago as I got burnt out on working with investors lolWe only sell from time to time to our existing book of business and if I like the specific investor hahaI list most deals on the MLS and once sold, I clean my hands.No need to babysit the never satisfied and disgruntled landlords expecting retirement from 1 turnkey property...Unfortunately, it is what it is and I ate $#@% for many years before I said enough is enough heheOz Realty has been the bread and butter for us and our main focus since we shifted focus.Crazy that I'm even typing this as I hated PM for many years and considered it just as the "necessary evil" in order to offer a turnkey product.Now, if I could turn back time, I'd never do turnkey and would only do PM hehe.Everything happens for a reason mate.Granted, it took 7+ years to create a lean and efficient PM machine heheI'm in Toledo every month for 7-10 days so feel free to hit me up whenever you are in town.All the best mate 🙏

You already have the right foundation with wholesaling experience — it’s just about tightening up the backend.Happy to chat and walk you through a few examples of how my clients structure their first flip for both cash flow and tax efficiency.

In general, real estate is a highly efficient market, if you are seeing 20%+ net IRRs, just know there real risks in the investment in various ways. 

Yes pretty common for sure, depends if you want an interest only period or 40 year amortizing. 

Make sure you are SUPER efficient with your script and attempt to differentiate yourself from the crowd of one-trick-pony agents that just want the listing.

A model that I am working on now, addressing a question earlier in the thread, is to design an efficient house for build to rent.

Was a fixer-upper that my wife and I renovated ourselves over a two year period.

However, this strategy is most effective when the property is held long-term, as selling too soon can trigger depreciation recapture, which may significantly reduce the net tax benefit.Effective planning around material participation, cost segregation, proper bookkeeping & logs and holding period is key to maximizing tax efficiency in rental real estate.

Time blocking - The calendar is set up in 15 minute periods, but most of my day is blocked off into large chunks of these periods. 2.

There are many Cost Seg considerations that are unique to each investor and these only effectively and efficiently addressed with your tax accountant's input.