I wouldn’t think if this is your first property that a rent by the room strategy would be the best starting point.

Start with $8K through FHA loans, joint ventures, private money loans, crowdfunding platforms, and BRRRR strategy.

The discussion on LinkedIn has erupted into hearing various opinions as well as strategies surrounding actionable efforts.  

With a manageable purchase price and the opportunity for high-impact renovations, it fit perfectly within our investment strategy, promising a solid return.

Long-term single or small multifamily rental would be our strategy to go. 

Most real estate strategies suggest that I hold one to several properties in an LLC.

Whether the lender decides to do anything, and exactly what they decide to do depends on the lenders particular strategy, target ROI, risk tolerance, current interest rates, interest rate of subject mortgage loan, etc. 

I love that these homes are in class A neighborhoods, I have seen this strategy work out for investors before but they were at least cashflow neutral. 

My strategy is buy-and-hold, not buy-and-sell.

Nothing fantastic for sure but the property paid for all its own bills and made money with a newbie operator.