Here’s my situation:Property & Loan DetailsFirst Home + Investment Potential: This will be both my primary residence and an investment property once renovations are complete.Purchase & Renovation Costs:Purchase Price: $100,000Estimated Repairs: $150,000Contingency Budget: $15,000Total: $265,000Appraisal: Post-renovation, the property is appraised at around $360,000—so there’s potential equity, but it doesn’t help me with the immediate cash I need.FHA Loan: My interest rate is around 7%.

Not only does it have excellent potential as a house hack, but it also offers significant upside for a live-in flip.

Charge more to traveling health professionals.  

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

Once I've completed these initial projects and built up some capital, my long-term goal is to transition into buy-and-hold investments in potentially more affordable markets to maximize cash flow and scale up.Right now, I'm particularly interested in investing locally here in the Seattle metro area.

Potential cash flow How did you find this deal and how did you negotiate it?

Budget between 300K and 400K.Any areas that have the potential for a good cash flow?

., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

@Tim Delaney is an investor in the Buffalo market and shares many of your views on its long term potential!

You're on the right track to reach out for help here and also to look to your area for potential partnerships.