I am currently 19 going on 20 years old at the end of 2026, going with that I'm sure you can understand the feeling of being nervous stepping into this new world! 

I am a unicorn who has the funds for this opportunity to get started early in my Real Estate portfolio. 

I've heard advice as far as going all in on my first single family property *nearly 30-40% down* . Ranging to playing it safe as in don't go for the home run, but go for singles to get on base. 


As I'm on my house hunt, I have found a triplex in my personal small but not big town community that I know very well, so I know it's a safe neighborhood, community, and best part is I have the connections and help in my corner! 

This triplex is essentially a turnkey LTR, it's had updates recently so there's no major expenses *granted money is not an issue I've got roughly 75k to play with*. But there is room for improvement for sure. I work general construction and know I can do a good chunk of upgrades, changes, or maintenance myself. 

This triplex is listed for 175k. I won't go too far into detail about the property but it has tenants currently in. I live at home so I am not apposed to house hacking if a tenant were to vacate. 

So on paper this seems like a great first starter for me to learn the ins and outs of being a landlord, manager, and communicator, while also not sticking my neck out too far and "risking it for a home run" with it being a LTR, apposed to a more expensive duplex that I could also house hack. 

So my question to anyone willing to take their time to help a young buck out, what's your input on what I've addressed? I'd love to hear all and any feedback, as I'm new and willing to learn from all perspectives, thank you!