This first owner occupant would give you the knowledge and experience under your belt to know what to look for in a deal when you invest out of your local market (more risk because less knowledge/connections/boots on ground).Overall thought though the Midwest is a great rental market.

I've got about 20+ years under my belt in this area, but I'm new to real estate.

Once you have a few houses under your belt, or possibly with good networking, you can look to partner with someone who can bring the funds needed.

The fact that I'm doing this and not paying somebody else is largely a product of the fact that I want to eventually refinish the select-grade/clear oak floor and I cannot trust anyone to pull all those belt-shredding staples conscientiously for any amount of money.There's plenty of money down the line in fixing and bulletproofing the floor of the right rental, but I don't see people eagerly jumping at the bit to get at it.

They are using the strategy to scale their business and use leverage to maximize their returns.I would suggest avoid the "no money" strategy until you get a couple deals under your belt and are more familiar with the processes.

And most importantly trust your own gut and get some education under your belt from somebody who’s actually doing it even if you have to pay for it.

I am really wanting to get into real estate investing and need help getting that first property under my belt.

I'm also trying to add the fix and flip method to my tool belt as well, but at the moment I'm currently stuck between a rock and a hard spot.

Also, I wanted to get the first deal under my belt and it is a solid one.

Hello BP Community,My partner and I each own or own home, have one buy and hold under our belt, and have been studying the BRRRR methodology, which is how we plan to scale.We're interested in a duplex (built in 1915 - not an uncommon age for our market) that needs a pretty solid overhaul.