House hacking a duplex, even with negative cash flow upfront, is a great way to build equity while learning hands-on.

In that regard, I can guess estimate if they're selling 400K more (after holding for two years), with the kind of remodelling that they make ( lets say 150K), I guess they make 200K net profit.The software is good for "flipping intel" at the very least.I used it for the last three purchase that I had.

@Christian Artusoyes - short answer: don't start with a long distance BRRRR.the more hands-on you can be, the more likely your BRRRR is to be successful. 

I am looking to rent and hold (purchase a rental income property).

Her rental agreement with her father-in-law is $300/month with a hand shake.

Being nearby allows you to stay hands-on—you can see, touch, and fully immerse yourself in the process.There’s a lot to learn, not just about managing rentals but also about overseeing property management companies.Handling tenants and maintenance can feel overwhelming at times, but starting with a property close to home gives you the opportunity to gain valuable experience.

I am an advocate for buying real estate and then just holding it. 

Know that if you want to do a cash out refinance on a primary home, it will likely need a full 12 months of seasoning (holding time) before you will be allowed to close.

It’s doable, but it’s a hands-on niche even with a manager.Excited to chat and help however I can!

Are you looking to buy and hold or flip?