Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.

While I’m not an expert on the legal aspects of posting here, I do have years of experience coaching students in real estate sales and investing.For anyone getting started in real estate, I always emphasize the importance of focusing on key steps before committing to a deal.

Welcome to the BiggerPockets community @Michael Goddard!

I've realized that although idaho is long distance for me, it's still a market I'm familiar with and have lots of community in, unlike other areas like arizona and texas.

Focusing on smaller multifamily properties needing light rehab is a smart approach for learning the ropes.

@Kwanza PriceReach out to local networking groups to find a investor focused CPA and attorney. 

Community banks generally have no seasoning requirements.  

Focus on location: Look for properties near colleges or hospitals—they tend to bring consistent, reliable renters. 2.

Most larger communities will have a Homebuilders Association, i would start networking to find a builder that can finance the construction. 

Regarding next steps, I agree that the best way to approach this would be to have one person act as boots on the ground and the other person handle the back office related items.