;)One nice thing about real estate is that it actually is pretty versatile. 

But with the points made, starter homes are more versatile assets as I can sell/rent them quicker and use less capital to do it.

Purchase price: $595,000 Cash invested: $300,000 Triplex on the river, with an office space rented to anchor tenant (10+ yrs on site) and 2 short term rental units booked through the local hot springs.A stunning property zoned village-residential, very versatile!

We also owned our home free/clear and decided to go with a HELOC as it has more versatility and is well suited for how we utilize it. ie, a home equity loan gives you x amount of money and then you have to do something with it or stick it in the bank.

I too find 2BR versatile because you could pick up singles, couples, or roommates especially if the location is close to public transportation.

@Veronica BrobbeyFrom my experience, the LLC is a little more flexible and versatile when it comes to all aspects of the business.

However, I want to become versatile to the various aspects ts of real estate.I have been encouraged by your article to keeping moving forward.

I like to think I am versatile when it is more so my preoccupation with having a diverse business experience.I want to contribute information that the members here are interested in.

I assume that I will have to be more versatile and pursue properties in other areas.

Daniel, I realize you want to do commercial, but most brokers will be in residential as well and having an RMLO license would really add to your versatility in finding a home.