And make sure you have the financial resources to handle that. 

If you had managed to purchase in those areas back then, your cash-on-cash return might look quite different today, especially with rental demand still holding strong.

To gain the same multiple return over the save bank, today’s investors should be making 4-5% what they were in 2020.

When offers come in, prioritize pre-approved or cash buyers for a faster closing process, negotiating where needed to maximize your profit.Finally, conduct a post-sale analysis to evaluate your financials, noting how actual costs, timelines, and profits compared to your initial projections.

Also it would be worthwhile to speak to a financial advisor on how to best diversify your portfolio and maybe you can even use your currents investments to get loans for real estate. 

I bought my first property in North Jersey at the peak of the 2006 market - came to the closing with no money and walked away with $10,000, still own the home to this day - and it's still possible do near this today - so, it can be done with $50K or less (doesn't mean you should do it that way...) 

I am starting out newbie, have young kids, have been a homemaker, but now want to do more for the family financially while also being available for my family.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Today's interest rates are more difficult to do deals but people also did deals at 6-8 or 10+ percent interest in the 90s and for decades prior.

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?