Also worried I might purchase the incorrect thing.A little background on which investments my family and I are th inking of are as follows:house hackingfirst time investingbuy and hold investmentsretiring with real estateThank you in advance for your time and help,John

Most cities and/or counties have a size limit so just build up to your limit and maximize usuable living space if you can or do a two car garage below with living space above the garage.

Then slowly build up to higher end flips.

To offset it, I'm working with out of state investors (build up a great network in the past 2 weeks) to find cash flowing properties that will help to keep my overall cash flow high while I refinance.Borrowing 100k at  4% (very conservative here) will cost you $477 per month for a 30 year fixed. 

Just stay active in the forums and build up your presence.

Hi friends,I am looking to buy an investment property in kings beach, lake tahoe and rent it on airbnb.

Following that, I am assuming you will be able to build up funds for another purchase relatively quickly.

I would do as many repairs as I possibly can since I would be living there and build up a cash reserve. 

You'll build up a pipeline of folks to keep following up with who will eventually become buyer, seller, and/or investor clients.Best of luck to you moving forward!

If you do it, aggressively build up cash reserves and pay down principal.