What is the best strategy to leverage this for my goal?  

Include an exit strategy, tax planning, and insurance to protect both parties.

As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.

And Sec8 sounds great, but comes with it's own issues.Add it all up you get a low dollar, but high headache strategy, which is a challenge that gets amplified, especially when you are operating remote.

If you ever want to discuss strategies, share experiences, or need additional resources, feel free to reach out.

@Jacob Hrip For a first-time investor, financing options like a HELOC or private funding depend on your strategy and risk tolerance.

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.  

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