Got approve for something
I got approved for a loan for $ 80,000, it's not a whole lot but it's a start and I have too start somewhere. I just need some advice/tips. Im not going to go look for a place right now or next month but maybe in 3 months I will begin my search. However I would like some opinions on what I should go for. I'm very much interstead in flipping and becoming a landlord. However with that money would my best bet be too rent and doing some minor upgrades? Obviously I have to look for houses that are maybe between 60-70K as my uncle is a contractor and said he would help me out and I'm very handy as well and I have some extra money on the side and my parents for backup funds. I just need some sort of opinions and would like to know my options.
Also is it a good idea to buy with tenants? What should I look out for?
Thank you very much biggerpockets