BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I have a few questions for those familiar with the market:- What neighborhoods would you recommend for a first-time investor like myself?

@Tomas Falcon highly recommend you chat with @Samuel Eddinger!

Would recommend you read a couple books about BRRRR, that will give you the basics and then feel free to reach out.It remains a great strategy, but you have to manage your expectaions.

You will be waiting a long time - that as mentioned was a black swan event just like when they went to like 18%.Historically speaking expect rates to be between 5-8%. my recommendation to anyone buying real estate today is if you buy, expect to hold it for atleast 5 years 

Hey Mark,I’d also recommend considering DataFlik for deal sourcing and lead generation.

Any recommendations which companies os states to avoid?

This will effect your ability to obtain financing for quite a few years but may be worth considering.  

How would people recommend approaching the initial set up of that property with an eventual exit (via sale or hand-off to PM/operator) in mind?