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Updated almost 4 years ago,
Purchasing first single family home
Hey BP team, so I have been actively investing for the past several years which mostly consisted of doing a multi unit buy and hold, and several flip projects. I recently decided to make and offer on a single family home, with the intent of adding it to my investment portfolio. For the most part it is already in excellent condition, but could use a few upgrades throughout. My plan is to live there for several years while making updates with the intention to sell in a few years, or rent out out if that doesn't work out. Was hoping everyone may be able to share some experiences with having single family homes as a investment, and maybe any issues as far as keeping it as rental property longer term. Any input is appreciated.