It’s a challenging time to start, but real estate can still be a solid investment if approached wisely.

Welcome to BP - house hacking / mid term rentals are great strategies esp starting out, I think you are right on with initial gameplan (Oregon can be challenging for landlords though so good that you are open to other markets)

Challenges?

Philadelphia has implemented various forms legislation over the years between abatements, land banks and density bonuses geared towards promoting development in areas that suffered from disinvestment and housing affordability challenges with some legislation having been more effective than others. 

The if is the challenge as ground up ADUs typically cost more. 

I started investing locally and have kept expanding after moving out of state, so I’ve got experience navigating the challenges that come with investing from a distance too.Detroit has its challenges but also some of the best potential for cash flow combined with affordable entry points.

Challenges?

Challenges?

This price range makes cash flow neutrality challenging, especially in desirable areas like beach or lakefront properties.

Challenges?