I ALWAYS think about selling as an exit, 3/2's are bread and butter for selling!

What I do when I'm frozen with nerves, I watch this clip from the movie butter. http://youtu.be/20KJhBX9xtE(If it doesn't work just google "the worst thing that could happen butter")

If you are really new at real estate, residential (single family up to 4 units are considered residential) would be your best bet.It depends what cash reserve you have: if you have some money aside for real estate, buy and hold some nice basic "bread and butter" properties would be a great way to start your portfolio, since you can buy at highly discounted prices nowadays.If you don't have much funds, I would suggest flip/wholesale a few deals until you build your cash reserve, then use a mixture of buy and hold and wholesale/flip.

They are my bread and butter and I remember the hardships that came from being a tenant myself. 

Then go to google and look at the loan calculator and determine how much of a loan you can obtain with a monthly PITI payment that equals your calculated number.2) Generally speaking, 3/2/2's are the bread and butter of the real estate industry, but for specifics on your area, the easiest place to get this information would be from a real estate agent.

We just had an accepted offer on a few multi-units in Frankfort, so i was curious to see how your projections compared to reality in the multi's.We've moved outside of Lexington as well; the SFR bread and butter deals we're used to seem to be harder to come by now, though we are still looking for them. 

It's not really in our bread and butter area right now and it's a damn big project to have to hire out, but I'm not a fan of wholesaling if you don't intend to purchase.

Make sure you have REAL stucco versus synthetic ( EFIS ).

Hey Chris Tom - this is my bread and butter.

@Jack YoungYou first need to find bank mortgage agents and a local mortgage broker  - you will need both as some of the banks do not provide brokers with the same access their in-house agents have - who truly understand investment properties  ... or who are new and willing to learn ... and, consequently, see the benefit of building a long-term relationship with an investor.My experience has been word of mouth is usually the way you find these folks ... most bank mortgage specialists and residential mortgage brokers bread and butter are financing pretty houses for Dick & Jane.