@Ketch BaysStarting small in a cash-flowing market is a smart way to gain experience and build confidence without overextending yourself financially.

It also saves you some costs, which is helpful when you’re just starting.

Purchase price: $136,000 Cash invested: $90,000 Sale price: $260,000 full renovation from studs What made you interested in investing in this type of deal?

If you have to continue saving do that.

So, did you put more than $30k in cash in the deal as listed in the investment info?

I have had 3 people email me this weekend who are over leveraged and also cash strapped in that they have repairs of $5k or more, o cash to repair and without repairing cannot release unit.

I would rent both units out and should get $350 in passive cash flow. 

This will save you time and effort, as you won’t have to travel long distances to manage different properties or handle tenant issues.For your first investment, I suggest starting with 2-4 unit properties.

If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing.

Cash Flow is not the best but have appreciation on the property.