On top of that, the prices of single family and multi-family homes could be very expensive as well. 

I have a friend in Louisiana that's crushing it and may be a good resource for you.

Reach out to @Tom Gimer at Eastern Title  Agreed Tom is / will be a good resource for higher level financing closings.

For estimating rehab costs, check out the BiggerPockets calculators and forums—they're great resources.

Just last month, from what I read in the Wall Street Journal, there’s been a growing interest in these more under-the-radar markets.. places like Casper that might not scream top-of-the-charts popularity, but quietly attract buyers who appreciate untapped potential.

A recent article by BP: "Top 5 Alternative Investments for Real Estate Investors in 2024," which was sponsored by "atminvestors.com," listed the #1 Passive Investment opportunity as ATM investing (of course).

Option 2 with second lender is, get an FHA loan at 3.5% and use the concession to buy discount points and bring a 6.2% interest rate down to a 5.4% permanent buy down, putting me at around $3,450.00 monthly PITI and also adding 8k to the top of the loan for mortgage insurance.

Try to narrow down your options to the top 3-4.

I’d also love any recommendations for beginner-friendly books, podcasts, or other resources that are suitable for a teenager. 

Any advice or resources would be greatly appreciated.