I think there is a great chance to get some long term investments in areas where the growth is not happening yet or just starting to happen.

I appreciate your first hand experience with them as there are so many scams out there.

Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out. 

The first thing is to start looking and find an area or properties that you like before your property is even sold, and before your 45 day identification period begins.  

Probably starting out small Jaycee - SF or maybe some smaller duplex type properties.

Quote from @Khyree Randall: I'm about to start working again soon and I'm ready to start investing in getting my first deal.

Hi Joshua, the amount of down payment also changes with the cost of the property, so starting with a less expensive property may be smart (for multiple reasons).

Freddie SBL offers 5-10 year fixed rate options, as well as 10-20 year "hybrid ARM" options which start with an initial 5-10 year fixed rate period, followed by a 5-10 year floating rate period.

If you're interested in more information and want to jump start your Real Estate career. feel free to reach out to me!

Hi @Gil Canfu definitely there are many places in DFW where you can invest in a good rental property.I am not sure where you are at, but if self managed you should start in cities with good proximity to where you live.All the corridor between Princeton to Saginaw has good deals but there are many others things to consider as I mentioned previously.