Can anyone give me very minimal info on what things I should look at when buying and renting out my first home? I’m hoping to have the capital in under 2yrs which I’m looking at have around 60k which is doable. I want to know from a trusting someone who’s had success with multiple homes. What kinds of things would I be needing to look into as far as landlords, keeping overhead and expenses low, taxes, etc. Wanting multiple properties myself within 6 yrs maybe 5-6 homes being rented. I know the income won’t be there for awhile but I’m thinking long term it’ll be a good investment, especially if I end up with 10-15 homes in multiple areas. Which brings me to the question of having landlords or keeping up on my property while me not being there and still making a profit. I’ll be doing lots more research in the meantime but that’s what I’m heading towards for early retirement, real estate investing. 27 years old if that means much. Thanks
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source https://www.reddit.com/r/RealEstate/comments/c7m8qu/renting_my_first_home/
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