Waterbury can have some decent triplex opportunities, especially compared to the rest of Connecticut, where prices are much higher.

I think it's really smart for you to compare against your own prior performance- when you are outperforming the rest of the market (not hard to do if you are paying attention) then comparing against the rest of the market will feel like a nice pat on the back, but not super useful information.

The jail life can be hard on a person and we do not want to do this for the rest of our lives.

And if you're only using part of it, what made you ignore the rest?

You can get started in your personal name, but if you reach a 6 figure income talk to your CPA about an LLC set up as an S corp and pay yourself a salary and take the rest as a draw.

When I finally got him to meet me at the apartment, he told me that I owed $40,000 to cover the rest of the mold removal and demolition costs and renovation.

You dont even have to put all your eggs in one basket; you could take some of the proceeds and pay tax on that to put into stocks, and put the rest in a syndication and defer the rest in a 1031.

The seller could take whatever they wanted, and we would handle clearing out the rest.

Another view: buy the ugliest house you can find in a Class B or above neighborhood.Use an FHA 203(k) to put only 3% down of purchase price + rehab costs.Then do as much of the work you can yourself, hire out the rest, but almost micro-manage any hired contractors to learn from them.- Maintenance is the biggest "black hole" in real estate investing, so the more knowledge you have, the less you can taken advantage of.THIS WILL BE TOUGH WITH A FULL TIME JOB!

You can rest assured you clients will be taken care of.I'll send you a DM.