First-time investors should start with their goals, get pre-approved, network with locals, and maximize learning in forums by asking questions, searching for similar markets, and engaging with members.

**Evaluate Your Goals:** - Are you looking for quick cash flow, or are you more focused on long-term appreciation?

It depends on your personal situation, risk tolerance, and future goals; and there are legal, tax, and practical implications (banking, financing, insurance, etc.). 

My goal is to leverage my wholesaling experience to learn the ins and outs of the industry, and eventually scale up into more complex investment strategies.

I started my real estate investing journey earlier this year by buying an out of state property in Detroit Michigan with the goal to fix and flip as a turnkey.

My ultimate goal is to transition into real estate investing, focusing on rental properties and possibly house hacking as my next step after wholesaling.Given my current position, I’d love to hear your thoughts and advice on where I should start.

The minimum monthly lease payment will be $51,000 modified gross with a goal for the lease to be closer to $54,000 modified gross.

I am considering buying a quadplex as a house hack, but the eventual goal would be to move back into my current primary residence rather than buy another, so the seasoning period for me to get another loan would not apply.

@Patrick Goswitz what's the end goal?

If cash flow is the true goal for those starting out right now  you have a lot of work to do to get to that couple $hundos per month.