It is awesome that you are getting started early in your career. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

The meeting starts at 6 pm CST and members and 1st-time guests are free. 

If you are just getting started here in Chicago, house hacking is the ideal situation.

Hey everyone,I’m new to REI and I’m wondering if you guys have any advice to share on coming up with rehab estimates when you’re just starting out, and don’t have a long track record to go off of?

I'd say start the process of securing your HELOC if you havn't done so and spend time analyzing deals and determining what type of investor you are looking to be. 

When it’s sold I’ll post the entire journey start to finish with numbers.

If you can rehab and refinance (BRRRR) to extract all investment and achieve neutral cash flow you would have infinite return (most of my RE investments have achieved infinite return but the cash neutral has in particular gotten a lot more challenging when the rates rose starting Q2 of 2022).Any money extracted via a refinance is tax deferred. 

I've seen plumbers and builders stop hiring because all the "young" people start the job and then don't put in any effort or stop showing up.Figure out what you want to make hourly, then start telling everyone and their brother that you need work, how many hours you are available, etc. 

I'm also in Nashville and getting started in property mgmt.