@Michael Plaks, thanks for sharing that great knowledge with all of us here in the BP Community.

I would say anytime you can add value in real estate through taking a distressed property and fixing it up and adding value it is a good choice whether its for investment or primary ownership purposes.

Here are my choices as of today.- Investorfuel- 7Figure Flipping - Collective GeniusFor local REIA's, there basically are none after COVID.

As @Eli Konig mentioned above, going into RE right now without a lot of experience and without knowledge of a local market I think makes TK a decent beginning option.I've been in communication with REI and going through their process right now.

The choice depends on cash flow, diversification, or continued growth.Good Luck!

Just meeting people and looking to connect for knowledge.

However, I'd recommend discussing this with a knowledgeable mortgage broker to confirm the specfic terms based on your lender's guidelines.I once worked with a client who had a similar idea in San Diego.

. ~80% tended to be transient and moved on by there choice or ours. ~20% were decent and "stuck". 

You’ll often see sales with 100-200% swings within the same area, which makes having deep local knowledge and understanding the nuances absolutely critical.I do this for a living, and even with experience, comping in Detroit can still be challenging.

They need to have the knowledge and experience of what YOU want to do.