Quote from @Devin James: We're actively looking at new building plans for future buildsHere some things we're considering while balancing design, cost, and functionality.1) Cost to build – Simple rooflines, efficient use of space, and minimal wasted square footage.2) Functionality – Does the layout actually make sense for how people live?

We have around 20k in savings we’re hoping to do our first BRRR with using a FHA loan in the future.

You will most likely not be able to get a LTV based on buyer generated pro forms future projections.

Even if I do not recover the money, I do want to have them reported to the credit bureaus etc. so that they do not do this to another unsuspecting landlord in the future.

Started getting into real estate podcasts and the idea of becoming a real estate investor for the future but am not exactly what model would best fit me.

What steps do I need to take to make sure I can get this going as smoothly as possible especially when it comes to resale in the future?

Not the best time of year and we're in an emerging market area about an hour outside of Charlotte, NC.30Y DSCR c/o Refi's have already been done on every eligible property after rehab / 3 months seasoning.As more of our properties come up on 1+ yr of ownership, despite losing likely future appreciation of 25-30%+ annually and paying a 5% PPP, I are open to selling some houses off to start paying off much of the high interest debt accumulated outside of mortgages. 

I recommend browsing Airbnb in your target zip codes to see what’s trending on the front page—this can give you valuable insights into what’s working well.

It is all about adding value and improving cash-on-cash returns.It is also worth checking market trends to see the year-over-year growth rate and run a pro forma to project how much appreciation and rental income increases you might see over time.Your savings and financial discipline put you in a great spot, and I would just encourage you to explore how you can make your money work harder for you instead of locking it all into one property.

Now I want to be an investor myself, so working at a firm with its niche market in working with Investors to help them get their property is a perfect way to continue my work on my skills in sales and marketing while also building a circle with people who I want to be in the future!