I came across a Triplex 5 miles from my home, 2 blocks from a good college, and basically across the street from an A+ popular highly sought out school district. 

(There is a popular guy on Facebook right now, on a USA tour in fact,  that doesn't teach or worry about that phase, "counting the cost", but to me, it's critical )Then once you know your numbers we have something to look forBecause it's "simple" to buy a house with creative financing, but it's complicated to do it profitablyOnce you sign a lease option to sell, it's a binding contract.So, to be successful you need to know your numbers.Start with how much you are willing to invest up front, consider marketing costs, most properties require some clean up or repairs, add in  holding costs while looking for a buyer, two or three months of expenses and that gives you an idea of how much you'll put into the property up front.Then, with a general idea of that, run the numbers at about 6% interest on the carry back to determine how much that adds to your monthly expense.So, if you can find a property where the seller is willing to do an equity carry back, of say $50,000 (or whatever the excess equity is) at 6% you add that payment to the existing payment to figure out how much you are on the hook for each monthIn a Subject To, (SubTo) that payment has got to be made every month without fail or you face serious problems.

Perplexity has become popular for quick research and pulling together market data.

If rents grow slower than inflation, your income loses buying power.

A personal reason behind this goal is wanting the option to be a stay-at-home mom while maintaining financial independence and assets of my own.This year, I’m taking advantage of my time off to travel and personally oversee renovations on my first property, so I can learn hands-on and build a repeatable system.My 5-year vision:Year 1: Learn BRRR, build relationships, execute first deal, oversee renovation, stabilize with tenant, and positive cash flowYear 2: Refinance first property, recover some capital, execute deal #2Years 3–5: Scale into duplexes or small multifamily, grow passive income to ~$5K–$10K/month while building equityI’m currently exploring out-of-state markets like Indiana (my sister lives in Chicago), Ohio, Georgia, and Texas, to find a place where I can start building a repeatable system.A few questions for experienced investors:-For a first-time BRRR investor, is it smarter to start with less cash in with a single-family home or a small multi-family, assuming I’ll personally oversee the renovation?

The Ocala market is one of the fastest-growing areas of Florida right now as it offers that "old-Florida" charm with its rolling hills (compared to the flatter southern parts of the state), heritage oaks, Spanish moss, and horse farms galore, while still providing easy access to beaches (on either coast) as well as to the theme parks of Orlando. 

Almost 14 years ago, I got started in real estate with lease options, live-in flips, and wholesaling while I was still on active duty.
From there, it turned into the classic “buy as I move” path. I picked up rentals ...

What’s up BiggerPockets community 👋
My name is Tyler Brown and I’m a Realtor based out of St. Louis, MO. I’ve been a licensed agent for 3 years now, primarily working with buyers and sellers throughout the STL market...

I'm moving full time into growing my own real estate investing business and am excited to connect, learn, and grow with all of you! 

For marketing, a lot of people use sites like Furnished Finder, which is very popular with traveling nurses and other mid-term renters.