Hi @Ramsey Doumani,Your strategy is more than possible, self management with the team you already have in place should be a breeze.

What other kinds of loans or financing strategies are available that don't involve using too much of your own cash?

Hi, We're looking to invest in properties in Detroit preferably with the BRRRR strategy. 

I agree with the house hacking strategy.

My strategy would be to target properties which are most likely of the owner NOT redeeming.

But with the right strategy and due diligence, Albuquerque might just be the next great investment hotspot.Would love to hear from other BiggerPockets members who have experience in the Albuquerque market.

Can you dig into a little more on the novation, why did the seller pick that strategy say over a cash offer?

My family actually have some properties in FL, and I have also researched this area quite a bit and I saw it might fit my strategies. 

Quote from @Brandon Foster: Hello Ryan,STR is do able in the north county area but there are a lot of rules and regulations.The city of Oceanside right now will not allow anything STR unless it’s west of pacific coast hwy.This is changing a lot too so you need to be aware of that in your plans.Carlsbad is super strict too but there are some condos that are still available to do STR in.Medium term rentals are as safer bet but way less profitable.

It sounds like you're at a crossroads between two strategies—both of which have valid points.