Excellent tenant.1926 Howard Ave - Single Family Home with studio apartment behind the house Unit A - Main House 3 bed 2 bath - occupied by same tenant since 2021.

@Naveen kumar VadlamudiMidwest college towns like Kansas, Iowa, Illinois, and Missouri offer excellent investment opportunities.

That is excellent advice.

Must have good physical and deeded access, no wetlands, not much slope, no flips from other wholesalers.

Right now (Q3 2024) everything seems overbanked/overbought.Currently, my focus has been purposely broad but currently split between: A) SF business (wholesaling/rehab) I was asked to take over (on almost no notice – am still badly catching up) and B) Small balance MF and mobile/manufactured housing (<~50-100 units for physical/operational value add)I have made some progress on each but not where I would like to be although I have just recently gotten involved in the sub-institutional space again.

Excellent advice.

Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.

For now, it is an Excel spreadsheet but can be pulled into Google Sheets and Numbers (even though the formatting may get a little funky).It is a Pro member feature, so if you are not a Pro, sign up for a free trial to see all the amazing perks possible!

@Gary Lucido you make an excellent point about various middlepeople going obsolete, for real.

I do all of the work except for contract review by broker and they pay for the pm software and overhead of having a physical location for the brokerage (although rents collected and owner payments are all done online).