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.

Otherwise you could end up owing more than what the house is worth, which a lot of investors are struggling with now. 

Lets connect and I'm in Texas focused on asset class of Assisted Living and senior housing.

I have a 5 bedroom 2 bathroom house.

Good on your friend for suggesting house hacking a duplex.