Here is the situation: I found a good multi-family home in upstate NY.

Investing where family lives is super interesting.

Here’s why it could be a strong choice:Why Oklahoma?

Worried about saturation, thinking about going hard on the themes to appeal to visiting families.

Hi Steven,It sounds like you and your wife, Renee, have a wealth of experience in the real estate and construction fields, which is a great foundation for starting your real estate investing business.Given your background in residential remodeling and home inspections, and Renee's experience as a real estate agent, you're off to a strong start.

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

Investment Info:Single-family residence buy & hold investment in The Villages.

There will also be many homeowners who have had the properties in the family through generations and own free and clear but now still need to obtain a construction loan to rebuild. 

Hi BiggerPockets Community,I’m Alex Banegas, an ambitious multi-family investor passionate about creating wealth through real estate.

Areas near downtown Ventura or the college (Ventura College) are worth exploring for strong tenant demand.