Screen tenants carefully, budget for vacancies, and keep learning with books like The House Hacking Strategy and Landlording on Autopilot.Good luck!

I don't think that's a good strategy because you can never time when the correction happens.

I’ve seen a couple of the local guys switch their strategy to one- and two-beds.

Lots of options work here and I have focused on the BRRRR strategy. 

Smarter strategy would be to secure the property and start in 2025.

@Kwok WongGood luck with this strategy as you will tick off every agent and they will not want to work with you or have you pay them upfront.What makes you believe someone will accept 50% off list price?

The MTR (midterm rental) strategy accommodates for people looking for 30+ day stays.I think you have a solid location with two stadiums nearby, now it's just a matter of tapping into the demographic/market for people looking for housing.

Let me also say this, the BRRRR strategy doesn't compare to this program.

There's a ton of different strategies to do this.

What types of properties/strategies are you looking into for your first deal?