Start by researching different types of properties, such as residential, commercial, or rental investments, to determine which aligns best with your goals.Building a strong network is also crucial.

Any type of investment real estate anywhere in the US can be sold and replaced by any other type of investment real estate of any number of properties anywhere in the US.Washington to CA is perfectly fine.  

I've found that when I try finding other deal types or other business models or niches, I end up losing a ton of valuable time that goes nowhere. 

Commercial and industrial are many types of investments.  

There are 2 types of people who dog on Detroit.. 1.

@Jeffery Jones As someone who owns 6 single-family homes under the Section 8 program and runs a property management company that manages over 100 Section 8 properties, I’ve learned a lot about the ins and outs of the program—not just the idealized version often shared on social media.If done correctly, Section 8 can be a great way to diversify a portfolio.

Ideally, you network with people who have owned properties for a long time.

People interested in this type arrangement probably don’t have access to $150,0003.

Given the scope of your work, a simple plumbing leak would not concern me, it's a $200 issue at the most and ideally, it's just another line item when you do rough in plumbing for the kitchen.Being in a Milwaukee suburb, I am guessing it's a 1960s ranch, probably with galvanized plumbing.

Plan is to hold as long as my IRR is higher than 10% What made you interested in investing in this type of deal?