Read books, listen to podcasts and evaluate some deals. $11k for a wholesaling group seems way over the top for a beginner.

Quote from @Dave Meyer: @Russell Brazil @Chris Seveney totally agree it's a personal choice -- my goal here is to start a discussion about how your evaluating the risk/return profile of RE vs other asset classes in the current environment.

Don't hesitate to take your time and carefully evaluate each opportunity to ensure it meets your investment criteria.

It's essential to thoroughly research the local market, understand the risks, and carefully evaluate each investment opportunity before making a decision.As a Minnesota native, I can confidently say that I prefer the warmth of a sunny state over the cold and snowy climate I grew up in.

To evaluate investment opportunities, consider factors like property condition, neighborhood trends, rental demand, and potential appreciation.

Ensure the facility is legally permitted to operate as self-storage4.Evaluate the local market conditions, including occupancy rates, rental rates, and competition from other nearby storage facilities.

Rachel left her engineering job to broker full time too.I'm happy to help you gain some confidence evaluating properties (whether it's BRRR, ADU conversion, or DADU development) and build your team (contractors, conventional lenders, hard money lenders, etc.).

Chelsea - I don't have an ownership experience at the moment, but I'm currently evaluating a deal that is a 28 unit and similar dynamic with weekly/monthly rentals rather than longer term leases.

Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

I have a couple properties in mind at the moment but is still working on evaluation.