I I know the BRRRR strategy requires a renovation, but would it be wiser to rent it out for a year or two and see how people treat it then gradually make it nicer?

I am hoping to get started by househacking (as I know achieving cash flow in LA is difficult) and gradually build a larger portfolio over time.

If below market, gradual increases in rents would lower the likelihood that your tenants will leave.

The other is a gradual payoff if I can swing making minimum payments on my cards I used to fix up the house and deal with it until I get a job again, using the extra $500 towards debt payoff and maybe doing some Door Dashing on my time off.Anyways, I currently owe $187k on it.

Assume you have no consumer debt, and you shouldn't.You may have to do some flipping and rehabbing to get the cash up a bit, and gradually end up with keepers.You can also buy two houses a year, sell one to live off of and repeat the next year for cash.

You are now a house flipper (By this time you should know some lenders and have access to capital)This way, there is still a gradual transition from being inexperienced to do it yourself and you have access to capital.

I’m gradually getting more nervous about all of it.

I am living proof.3. 5%-20% below current fair market value - This is gradually changing and the market is very hot right now.

Once you close 3 wholesale deals then start planning to quit your 9-5 job.Also network with Local Wholesalers and Flippers in your local market and see how you can work together.Quitting a 9 - 5 is a gradual step if you do not have a lot of money saved up in your account.Goodluck man!

Looking predominantly for investment-focused real estate agents who understand passive income and the importance of yields.I'm an investor looking to gradually build a portfolio of 10-15 low-cost properties in Europe.