Originally posted by @Alex M.:At

So I’m a bit cash-strapped at the moment, but I’m following along with whatever you’re proposing here.

A welcome mat at your front door is a tripping hazard.I would talk to your insurance provider and see if you'll be covered in case of an accident.

I don't want anyone boot strapping or borrowing off of credit cards as I personally am not a fan of that.

I found nice always really meant I become a floor mat.

Keep at this until you have enough to buy (based on current market costs, and the lender requirements) and also have some cash reserves....at least 6 months of payments in reserve is better than 3 months, but that is up to you where you set this figure.You also need good credit, and a DTI score acceptable to your intended lender.After this (Buckling down/Boot Strapping) process, find the place you want.Cash is King---Good Luck!

@Mathios Yonan okay Mat, I'll assist you in compiling a different point of view into your already formulated and ongoing research: Rising inflation costs: This is usually a good thing in regards to real estate and those that ALREADY own real estate because they, will likely see an increase in their property value and in turn their net worth.

Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:Follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

Quote from @Mats Daniel Skrede: One cup of clorox and a gallon of water.

Strap in for stats and things!