I don't know the Peabody market well (my property management business is focused Boston-Weymouth-Westwood area) so I can't speak to what the after-renovation property finishes should be.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

I want to have a game plan in action prior to reaching out to lenders. 

LVL material, preference for an open floor plan, make this renovation very popular.

We stick to high quality neighborhoods and homes and are doing really well with it.

If you like help structuring this deal differently to give you more leverage, let me know, I've worked with new investors on game plans and seen others start with 90% LTV on their very first deal.

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

I hope you are doing well and sounds like you are an experience investor in this market - would love to maybe grab coffee sometime and hear about the experiences you have gain over that last 15 years!

Don’t forget about direct mail campaigns as well.

This approach balances cash flow, scalability, and long-term growth, aligning with your goal to transition from corporate work within 3–5 years.If you plan correctly, you might not even have to pay any taxes at the W2 level as well.