Buying my first house. SFH in Central Florida

[Garison Clemens]

I am looking get out from renting and finally buy my first property. Unfortunately I probably won't be getting a duplex or more as they are extremely scarce, so I want to construct a plan B so I'm not just sitting waiting for a MFH to come up. . So I will be buying a SFH that will be a rental next year when I'm ready to buy another property. If you guys were in my shoes, what would you do to get the most $$ out of it as a rental down the road? Should I buy a house that needs some work and then do some rehab to value add and go from there? And refinance when I'm looking to buy another property? (BRRRR) I am looking for guidance and a bit of advice on the path I should look into. It will be my primary residence until next year. What would be the best way to basically cash out the biggest on my first deal? (Looking to live in it, don't forget). I had a friend (non investor, yet) that said I should buy something that needs minimal work. Basically just hope for appreciation? I'm too impatient for that, and basically the investor inside of me said no, don't do that. Buy something and put money into it as my primary residence. What would my fellow investors do if you were in my shoes? Thanks!