Start small, refine your process, and use your network to connect with local investors and seasoned professionals for guidance.Good luck!

Once refinanced the property will be stabilized but still may see slow/low distributions because of cap rates and interest rates.

The low purchase price was a big part of it.

Now all taxes are based on a super low rate you can’t fight. 

I am keen to learn from the experiences of seasoned professionals and collaborate with fellow investors who share a passion for real estate.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

The 6.75 rate is a conventional 30 year w low closing fees (the credit union I used last time).

Nobody likes to work hard in the heat.The biggest concern in the past has been winter, but 2024 was the warmest year on record and we have seen +3F on average in every season, which really took the edge of winter (you can call it brown grass season now) while summers are pleasant 75-85F.The cost of living is low, yet the quality of live is relatively high.

I too have feelings and thoughts about the programs.After I get past my feelings, I have found that I consistently get paid and vacancy is low. 

If you are skilled in each of the areas above, and you have enough in reserves to cover the costs of when things do not go as planned, then you can likely attract money from private money lenders who want to get a return on their money and they see lending to you as a low risk way of earning a better return than in the other passive investing options they have.