What ever area you look at make sure to look at the age of the building.

.,,,,,, instead of building wealth

It'll be up to the next generation to figure out if they want to build an empire or not. 

House hacking is going to be a great starting point to building your wealth that you can leverage in the future. 

I'm here to grow, learn, and build a community in the Staunton, Virginia area.

Trust and referrals are the lifeblood of building relationships in the real estate investment world.

Hey @Marie Copul, since you want to leave your job, I recommend focusing on a high cash flow business model within REI to begin with before getting into the lower cash flow (wealth building) models.So, flipping and wholesaling are the typical high cash flow models within REI.

The current tenant was already in place when I purchased the building, and their lease is set to expire in a few months.

It offers unique advantages like equity building, tax benefits (e.g., deductions and depreciation), and an inflation hedge, as rental income and property values often rise with inflation.

I jumped into real estate doing the BRRRR method, understanding that holding property will allow me to build generational wealth, but then learning that landlord income is not the best way to feed your family.