@Chris Baist You got some sound advice here from @Jonathan Greene I wouldn't try to find an investment to fit a small budget.

I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified.

Get rid of debt, build a budget, and save.

Repairs - You will likely need to know how to budget the repairs as well.

Pennsylvania's cities, such as Pittsburgh and Philadelphia, offer higher appreciation potential and lively rental markets, but the property prices are generally higher.Check out neighborhoods, compare prices, and choose based on your budget and goals.

If a water heater goes on your property, all your profit for the year is gone and your 15% CoC turns into 1% real quick.I wouldn't give up on house hacking because when your budget goes up, you will get strong appreciation on the asset.

However, I was weak in my negotiation and convinced myself into a bad deal. 3) If your acquiring a distressed property with tenants, overestimate your rehab budget.

Some go by the SQ FT to estimate but the age of mechanicals can swing the budget

We want to rearrange the triplex and quadplex and would love to get an Architect perspective to rearrange things without going too crazy our our budget.   

Market Selection Criteria: To choose the right market, consider factors such as:Economic Growth: Look for markets with strong job growth, a diverse economy, and increasing population.Rental Demand: Identify areas with high demand for rentals, which can be indicated by low vacancy rates and high rent-to-price ratios.Affordability: Ensure the market offers properties within your budget that also meet your cash flow and appreciation goals.Property Management Quality: Verify that there are reliable property management companies in the area to handle day-to-day operations, especially if you are investing from a distance.Comparative Market Analysis: Perform a comparative market analysis to compare potential markets.