Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.

These tend to offer personalized service without getting lost in the shuffle.Verify Their Specialization: Some companies are better with single-family homes, while others excel with multi-family units.

Be super careful if you're buying in Hudspeth County. 

Quote from @Lorraine Hadden: My business partner and I made an offer on an out-of-state (OOS) single family property in October 2024.

The lot I am looking at is near a Dam and the power in my area is super cheap.  

Primarily, my work has been in small commercial retail buildings (new construction and tenant improvements) with some work in single and multi family projects. 

This was available a few years ago but I called last year (after they moved to a single platform with Expedia, etc.) and they still haven't brought it back.

If you can't find an existing multifamily to pencil out try to identify something that you could add an ADU to or a larger single family home you can split into more than one unit using ADU rules.

All I have is a money market account and though I set up my schwab accounts and vanguard before we moved I never invested a single note into any yet because of my lacking knowledge.

I generally rule out most single family homes as viable rentals, as prices are pretty high relative to rents, so aside from some downtown neighborhoods, typically you do not find large areas of single family rental neighborhoods (a median sale price on a 3 bed, 2 bath home so far this year in Dane County on MLS sales data is at $430k).