A fixer upper? or avoid??

[Taylor Busick]

Hey Guys!!

So I'm new to the REI game and I'm looking for my first property. I was originally going to seek out a property that would permit house hacking, however, my debt to loan ratio isn't great because all of my student loans so the lender qualified me for something lower than expected.

That being said, I am changing direction and thinking about seeking out a property that needs a lot of fixing up so I can buy low and use it as an AIRBNB until I can leverage something better. I would use additional funding from the loan offer to fund the rehab.

I wondering if I can get some feedback on this idea, is this a good re-direction? I never was intending to go the fixer upper route but things change. I also really didn't like the idea of an Airbnb because it seems like a shot in the dark every month if I'll get a reasonable amount of cash flow.

Seeking tips and advice.

Thanks,

Taylor