$200,000

[Matthew Healey]

If you had $200,000 cash and wanted to step into real estate investment with all of it, how would you do so?

I have a full-time job and a pile of kids. Based on my prefatory understanding, I think that remote buy and hold best fits my interests. That said, my job and family situation limit my ability to travel to remote markets or personally manage properties, at least before I can replace my income with sufficient cash flow.

What tools (books, threads, etc.) would you suggest for me to use to learn the basics of remote buy and hold? How would you go about finding good, trustworthy contacts in remote locations? What factors do you analyze in selecting where to buy?

[Patrice Boenzi]

Love Grand Rapids! Our son bought his first duplex 3 months after graduating from college and house hacks. GR is a great market!