I was particularly drawn to this deal because of the strong growth potential in Bushwick, Brooklyn.

I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential! 

I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.

A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.

Also if you have significant wealth, using a good PM mitigates potential risk and headaches.

They go on Zillow or Redfin and just look for properties that meet the criteria, put them on spreadsheet, analyze the potential deal, pick up the phone and call listing agents.

Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.

Their success speaks volumes however, its a bit much for me to stomach for a potential benefit. 

It's essential for me to acquire these skills as I navigate potential roles in the real estate industry.If you have any insights, recommendations, or perhaps know of specific training programs or resources for learning Yardi, I would greatly appreciate your guidance.

We specialize in helping investors access opportunities in both residential and commercial markets, leveraging our network and industry knowledge to identify high-potential deals.