To start out, I'm finding renters on my own and am not renting through AirBnb or VBRO.

It’s a beautiful old house and would be a real gem if it was restored, but I don’t have the funds or a credit score good enough to get a loan that big (without an insane amount of interest tacked on).I’m hoping to turn someone on to it who loves restoring old properties, or start investing in a group that does and tell them about my house and invest as a team.

Since graduating in 2021, I moved to Washington, DC to pursue a civil engineering career and am now feeling like I am in more of a position to start learning and pursuing real estate investing seriously.

Have recently started a renovation company with a friend, both of us successful business owners and talented in the trades.

Since I’m holding these properties for the long term (30-year loans), I’ll have fully paid-off assets around the same time I’d traditionally start withdrawing from my 401(k).

Quote from @Gregg Hutton: As a realtor who started as an investor first, I’ve noticed a huge mindset difference between investors and traditional homebuyers.

Getting plugged into the local investment network is huge—the Atlanta REIA is a good starting point, and meeting local agents and investors will help you understand the nuances of the market.

I am in the process of starting my own fund, more than happy to connect and answer any of your questions.

I recommend you start with what you know, at least with the bulk of your IRA.

Consequently, new homes in these locations start at $550,000.