My goal would be to start within 1-2 years and get some more experience with the construction process, project management, financing/budgeting, etc.

Eliminate debt, establish a budget, and save.

Budget carefully, prioritize high-ROI renovations, and adhere to strict timelines to maximize profitability.

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.The increased budget allowed us to enhance the property's overall value significantly, and we were able to sell it for a much higher price than initially anticipated.

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.The increased budget allowed us to enhance the property's overall value significantly, and we were able to sell it for a much higher price than initially anticipated.

I have not selected a specific property yet, but want to at least identify my potential investors.

Eliminate debt, establish a budget, and save.

Where you pick will depend on your goals for cash flow and your budget to buy.

.- Full time maintenance, reservations, cleaning staff- Additional marketing budgets and resources.This is a brief list but a good PM can make more revenue than you can and can offset their fee. 

(It’s multi-family but not entirely stabilized.)Rehab Costs: How much should I budget for bringing vacant units to market-ready condition?