Are you looking to follow the BRRRR strategy or find proeprties that are turnkey? 

Appreciation-focused investments can definitely help you grow your portfolio faster through equity gains, but they also come with higher market risks and usually require a strong exit strategy.

@Kyle Carter, The strategy you're looking at would be what is called a "consolidation exchange". followed by a conversion to your primary residence. 

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

I am trying to calculate my returns over a 10-year period using the rent-by-room strategy, which results in significantly more cash flow than traditional rentals.

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market. 

Quote from @Jason Baker: After leaving the real estate market in 2024 and bringing in the new year of 2025, what are the best updated strategies/approaches to be a successful wholesaler in the Miami Market?  

I used this strategy last year on a rental property purchase.

Short term, leaving financing in place during rehab prior to resale — great strategy with limited risk to either party. 

That’s IF the lender decides NOT to pursue a strategy of bankrupting the borrower by filing a ton of paperwork, motions, requests for information, etc.