Did you know that you can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional.

The appraised value seems low and I am trying to understand the best strategy to challenge this value and the cost / benefit of going through the condemnation process. 

Plain and simple the reason we were able to acquire the properties we have over the years is because we leverage low money down loans.  

I'm assuming you haven't achieved mastery in all 3 categories, but realistically you can choose from 2 of the 3 categories.

Does anyone have a similar experience of living in the heart of a city but choosing to mostly invest in the urban sprawl outside?

And I understand that i am college kid with no money or experience but then you see people like Rob Beardsley who dropped out at 20 and bought a 200 unit property through syndication and then you think, hm, maybe its possible.I am fairly new to the real estate investment and what I have learned so far is choosing a mentor and attend real estate workshops then expand your network which will help you to pick up the pace, select your investment strategy and grasp the business model.

I grew up a Carpenter, so being able to rent a unit and fix the other seems like a low risk option for getting started. 

Meaning the at the end of the lease, the tenant has the option to buy (but not the obligation) whereas the seller has the obligation to sell if the the buyer chooses to buy (works just like selling stock options!)

Bought a 5 plex in 2022 insurance was $1500/year (which was low). 

With such low rental yields, the return on investment (ROI) and cash-on-cash (CoC) return are negative when factoring in mortgage payments only, not including any other factors.In this market, it seems almost impossible to make a profit using traditional rental property investing strategies.