Being new I would suggest started with existing builds but building small multifamily in a small town with a rental shortage could be a smart move (someone's gotta do it).

Hey @Brett Riemensnider,A HELOC could be a smart move if you want to tap into your home's equity while keeping it.

Also, would a home warranty be a smart move?

When I was buying 1/2 price homes not ONE person I talked to said it was smart.

And consulting with a local attorney to ensure compliance with state-specific real estate laws, plus making sure you have the necessary permits, is a smart move.As you start, also look into state-specific rules regarding contractors and renovations, especially if you plan to flip in different states from where you reside.

For STRs, properties near the beach or downtown tend to perform well.Start Small and Smart: If this is your first property, focus on something manageable.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

@Brandon Morgan An LLC isn’t always necessary, but it can be a smart move for liability protection and separating personal and business finances.

In my market there are 2 reasons that keeping is smart.  1) the historical long term appreciation is on going, going back to when records started tracking the appreciation 2) the property tax is near fixed cost.  

The thoughtful renovation and smart pricing strategy attracted buyers quickly, resulting in a solid return for both Partner Driven and Seth Choate.