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Updated about 3 years ago,
Just getting started
Hi! I'm a rookie just starting to learn bit by bit about this crazy and exciting world of real estate investing. I feel a bit overwhelmed because I don't even know where to start, but I do know that I need to start somewhere. So I'm going to spend my time learning and reading as much as I can.
I'm interested in the BRRRR strategy for SFH or MFH. How do you know what market to focus on? Has anyone ever left their hometown to start investing in property in a different state? Apparently, there are certain areas where the rent from a SFH isn't enough to turn a positive cash flow; what kinds of areas are these?
I want to be smart about my first investment property. Any and all advice would be appreciated!