In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.

Clarify your strategy—whether it's rentals, flips, or house hacking—and build a team of agents, lenders, and contractors.

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

I think this will even out your space in the house.

Leverage equity, explore house hacking, and continue learning through books, podcasts, and local networking to refine your strategy.

this is a direct relation to lack of inventory.. new construction on many markets is as robust as its ever been.. we have had spectacular years the last 3 years of course during covid was tough with supply chains but my 500k house I am now selling for 700k and my build cost have gone up by maybe 100k.. so record profits for us.. 

Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.

People house hacking have far different expectations than someone buying properties with cash. 

I love investing and developing myself, but I do not have enough experience, and this is what makes me hesitant to enter this field.So I want to ask you, what are the ways that will make me start investing in real estate or long-term housing?

Hopefully you already worked this out.Aside from HML, there's also an option to do a live-in-flip, where you live in the house for a year and renovate it slowly.