You’re thought process is good, BUT, if your market timing is incorrect, or the specific property you purchase lacks tenant demand, you can get stuck with an “alligator” for a long time.  

@Charlie KrzysiakCondos in Dallas offer affordability, lower maintenance, and strong rental demand, making them a good investment for those looking to build equity and reduce living costs.

My seller is on hospice and her old house is scheduled for lender auction soon but comes with a substantial medicare lien. 

These areas offer a mix of renovated bungalows, new construction, and industrial conversions, with increased demand from young professionals.

The property was in a high demand location, so it made no sense that it would be half empty. 

Just remember to consider the local job market, population growth, and rental demand when making your decision.

These are similar softwares that hotels use to constantly change pricing depending on the demand/supply for the area. 

Plus, they’re usually easier to manage if you decide not to house hack.For getting started, I’d focus on learning your market by understanding rental demand, property values, and potential appreciation. 

Demand for rentals in that area.

Focus on neighborhoods with strong rental demand and growth potential.Also, make sure your numbers work—factor in all costs, including rehab and holding expenses, to stay under 70% of ARV.