What am I BEST set up for?

[Danny Nelson]

Afternoon folks. 

My real estate career is at ground 0 and I am assessing my situation, to find what area of real estate investing is best for me.  What do you think? 

Some quick facts to help you understand my build as a real estate investor. 

- Experience with growing and scaling a business (Started and grew my high-end tile business.)

- Licensed Builder (wanting to build my own MF units)  

- Skilled laborer.  (My work is almost all done in $1M+ homes.)

- Skilled/experienced businessman (accounting, record keeping, organization, customer relations, etc.)  

- 60K in cash for downpayment +more for renovations

- Strong local connections with contractors of all trades 

- Ability to get building materials at cost through family/business connections

- Have a strong eye for style and design (Tends to lean on the high end of things as that is my business)  

- 750+ Credit. "Low" income though due to cash business... Parents as co-sign which mitigates that issue 99/100 I believe. 

- Available for FHA

- 23 years old, live with my parents and I love it, as do they, so no rush to move out.

- Hard/smart worker. Very driven.    

- Curios about STR's

- Located Grand Rapids MI 

-WANT TO START A REAL ESTATE DYNASTY 

I see myself as an advantage player in the real estate game as I have a few helping connections from my current business and a lot of knowledge on improving homes, managing clients, and building a business.  However, getting from 0-1 is the hardest step in the journey oftentimes, so which direction would you point if you were me ?! 

Let me hear your opinions! What do you think? 

Thanks in advance!!   

[Caleb Brown]

I'd start with house hacking. In the future I'd also report more income. As a business owner it's fun to write off everything but when financing properties that hurts you. I'd keep your business in first priority, make sure to continue to scale as that's the money maker and use house hacking to get your feet under you