MTR is strategy here with the industries we have.

I would consider buying a duplex, tri or quad as a primary residence and move into one of the units and rent out the others.You could sell your primary and use the capital, or pull the HELOC and use to buy a small multifamily.You can also learn how to flip properties to generate additional income to use to buy properties to hold longer term.You can also consider looking into a job in the real estate industry, such as an analyst, broker, lender ,etc that can get you in the gameAll the bestGino

Trying to find quality subcontractors and writing proper contracts I would not recommend for somebody outside of the construction industry.

Understanding which industries are thriving in your local market can help you identify lucrative locations.Infrastructure and Development: Look for regions undergoing infrastructure improvements, as these tend to spur real estate appreciation and rental demand.

Networking is key in our industry, and I’m always looking to connect with like-minded professionals.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

., allowing flippers to invest with lower upfront costs.Growing Job Market: With industries like logistics, healthcare, and tech expanding in Memphis, demand for housing is on the rise.Steady Appreciation: Home values in Memphis have been steadily increasing, providing a favorable market for short-term flips.If you’re looking to get into the house-flipping game, Memphis offers the potential for high returns in a stable, growing market.

The standard industry practice is around a 1% origination fee, but the borrower can decide how many points they want to pay.

This is coming from someone who worked in the insurance industry.

I have inside knowledge of utilities here (I worked here in this industry for over 20 years) and you're going to have water and power back shortly if you're in Swannanoa.