Looking for any and all advice for a beginner here.

Readers should seek professional advice.

We're open to other strategies, but believe that sounds the most ideal so far. 

HI @Ananth SubramanianI have not been in your shoes but have read others that have and from what it sounds like getting the judgement is the easy part and physically collecting the $$ from the tenants is the hardest most impossible part.

By preparing for down payments, understanding realtor fees, and partnering with experienced lenders and legal professionals, you can make a sound investment in a secure and thriving real estate market.Take advantage of this opportunity to turn your housing allowance into long-term equity.

Real estate investing is forgiving; the average person can still make money even with some big mistakes.Hi Nathan,Thank you for the detailed and insightful advice!

But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.

I’d love to hear advice from seasoned investors.

Hello I am recently looking to get into real estate however my full time job doesn't allow me the time to focus on this career. Just curious on possible strategies or suggestions from anybody currently thats an agent ...

Sounds like there are more than just 2 options.