Cheap with more work or pricy with less work?

[Travis Ogle]

I am a blue collar industrial construction worker that puts anywhere from 40-90hrs in each week, on top of traveling state to state for work. I want to get to a point to where I can still do what I do but have suplimental income to cover the short weeks and allow me to be home with my new baby girl! Ultimately lessen the financial burden through cashflow.

I am in the research stages of real estate... aka looking for my first door. I have found 2 deals that caught my attention:

Both in Hartselle AL

Asking- $45k

Beds- 1

Bath- 1

Sqft- 1,100

    -Has 2 rooms that can be converted into bedrooms

    -Small lot

    -Needs metal roof repair

Asking- $74k

Beds- 3

Bath- 2

Sqft-1,600

    -Garage

    -Needs flooring

    -Currently has wallpaper

    -Room for basic upgrades

Being that I am new I do not have any teams or systems in place yet. I am hoping to connect with other investors and also find creative ways to help where I can. Unfortunately my welding trade doesn't quite fit in with real estate but if you have a use for it let me know! Thank yall for your time!

[Steven Foster Wilson]

@Travis Ogle it seems you need to start with the end in mind. Your goal is to build up passive cash flow, while still working your day job. It would seem like the more turnkey way would be ideal.

Don't get me wrong, here in Columbus I look for the properties that need alot of work, however I also focus alot of my time in seeing that the rehab goes according to plan.