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Updated 7 days ago on . Most recent reply

- New to Real Estate
- Denver, CO
- 10
- Votes |
- 9
- Posts
Newbie looking for direction.
Hi. Im Dylan live in Colorado. I have been doing HVAC for 15 years. My W2 keeps me very busy, typically 50 +hrs a week. Looking to start investing in real estate. There are so many strategies. Looked at wholesaling, and creative financing, flipping, turn key. Ideally id like to get into 2–4-unit. Buy and Hold. Iowa, Tennesse, Ohio Arkansas. Midwest. B class neighborhoods. I dont know how to get there. Start with single family first? I don't know how to evaluate whether something is a good deal. Start analyzing deals first?
Logistics of doing out of state remodel seems overwhelming. Being an HVAC contactor i come across homeowners all the time that bought a flip, looks great! Does not function, no insulation, doesn't heat or cool properly, electrical doesn't work properly, etc. Do you build a team first? I don't know , what i don't know A mentor would be great, someone I could work with, a group or team. Any advice or direction would be greatly appreciated.
Most Popular Reply

- Rental Property Investor
- Phoenix, AZ
- 712
- Votes |
- 348
- Posts
Hey Dylan - welcome! You're asking all the right questions, and your HVAC experience gives you a huge edge that most new investors don’t have. You already understand what quality work looks like and how to spot bad renovations, which will serve you well in vetting flips or turnkey rehabs.
If your goal is buy-and-hold in B-class areas (great choice for stable tenants and fewer headaches), you’re looking in solid markets. Ohio in particular can still have 2–4 unit options in the $120K–$200K range, often already rented and professionally managed—perfect for a busy W-2 investor like you.
Here are a few ideas to help get started:
Start analyzing deals now (even if you’re not ready to buy yet). Look at active listings on Roofstock, Realtor, or investor turnkey providers. Learn how to calculate cash-on-cash return, cap rate, etc.
A single-family rental (SFR) might be a great "training wheels" investment to get your feet wet before jumping into multi-units,especially out of state. Many first-time investors start this way, then scale.
Turnkey rentals in the Midwest and Southeast could be a good fit for you: they’re rehabbed, tenanted, and managed from day one. Think areas like Columbus, GA, Akron,OH or Memphis.
Build your team as early as possible. Even if you go turnkey, you'll want to vet the property manager, lender, and realtor/investor agent to ensure they align with your goals.
Also, totally hear you on the logistics of remote remodeling. That’s where either working with a trusted operator or buying rent-ready is key (especially while you're still working long hours).
Happy to share what I’ve seen work for busy professionals investing from a distance!
Best of luck!
- Melissa Justice
- [email protected]
- 313-221-8718
