if your going to go out of state at least to start.. simply buy something that is either already rented or rent ready.. the down side to trying to rehab on your own as a beginner FAR out weights the tiny equity you get doing it yourself.. and how do you know if those writing the books are successful  LOL..

Although prices keep rising, still relatively affordable, lots of opportunity for purchasing cash flowing rentals, lots of older neighborhoods with rapid growth, & everything between Austin and San Antonio booming. 

When I was living in LA I had my eye on San Pedro as a real up-and-coming area that's undergone a rapid transformation in the last few years; if I'd bought for an investment in LA, that's probably where I would've gone.  

It had been sitting for 80 days on the market because the timing it went on with interest rates rapidly rising.

Construction, steel frame, wood frame, r-values,  etc. will vary depending on what the builder/occupant will specify and if they plan to use it alot on the road (as far as aerodynamics, weight, stability, etc.), I'm sure they would take that into consideration when it is built. 

Prior to purchasing in 2022 when rates were rapidly rising, I did underwrite this deal at upwards of $100k in costs and 9% interest and it still penciled out.

This can also help increase your equity rapidly in your deals. 2) Convert Existing SF - Often time in small multi families this could be an extra storage area or office area that you.

It will take many many months to increase the rents and get you to your target DSCR of 1.07.Frankly this doesn’t seem like a deal to me, unless it’s in a rapidly appreciating area and thats your strategy.Also why this is the Real Estate Agent’s fault?

Some friends have built impressive portfolios there over the years, its definitely block by block and you're not far from some other great opportunity zones like Grand Rapids.  

I would love to house hack but multi-family units are rare in the area even though it's rapidly growing.