@Melanie AguayoHey Melanie,If you’re open to Midwest markets, entry costs are often lower than coastal areas, so it’s possible to start with smaller down payments while still finding strong cash flow properties.

A Fix n Flip deal that has a 100k entry point with a 75k rehab may cost 40k - 50 through the deal cycle.   

With house hacking, the down payment is lower and the risk is lower because you already need somewhere to live. 

If you're looking for newer construction, your return is typically lower. 

The entry point in OKC is certainly lower than the Dallas area but rents are also lower so you need to adjust for that as well.

Quote from @Jason Bobby: Quote from @Cliff Benner: @Jason Bobby I have tried Stessa and I didn't Like it, I am an Accountant and went to School for Accounting, so for me I needed a software that allowed me to make Journal Entries and at the time I used Stessa, I was unable to do that, and I did not like the way the reports read when I pulled a P&L & Balance Sheet.I have found Wave to be a decent software, it is just a free General Ledger Bookkeeping software, not industry specific at all, but allows integrations.

of course i will say MI - but agree the midwest is best for cash flow and cost of entry.

You need a lower barrier entry market, that is SOLID not hyped.

Buyers decide fast, and most of that comes from how the space makes them feel, not from the big upgrades we sweat over.For some homes that means a simple entry area with soft lighting and a clean scent.

Quote from @Harvey McMurray: Working through an infill lot opportunity in Spartanburg SC with utilities at street, no HOA, and strong new-build comps in the $260k+ range.For those who work with builders or who wholesale land regularly, how do they typically evaluate:• Lot size• Utility availability• Comps• Dirt condition• Entry priceI shared the full situation in my Classifieds post per BP rules.Just trying to understand how builders in that area run their numbers.