2nd Property Advice
Hello,
I just recently bought a 4 bedroom house in Phoenix. I am 24 years old and have 3 roommates renting out the other rooms. I currently have about 26k in liquid cash I am saving up to eventually get my 2nd property. Unlike the first one bought that I live in, this is not a property I will live in. Any advice on what type of properties I should look at or any strategies I should follow? I know I will most likely need more money but I am able to save about $2k a month. I was thinking about looking into section 8 housing because I heard they can cash flow well out of the gate if you do it well. I really liked the idea of getting an airbnb property, but it looks like that market is a little volatile and unpredictable at the moment. Any advice is appreciated!