Now, it’s time to explore the various methods of investing.

I’m open to flipping, renting, or exploring other strategies.My mantra is to test new things “fast and cheap,” so I’ll probably begin investing locally in CT before considering otehr markets across the US. 

Renovation loans can be a fantastic tool when you're ready to explore your options.

So, if you put in 20K, you could set the bid up to the amount of the 100K total debt(80K existing + 20K additional) to ensure that the property reverts to you as the lender.

A HELOC or home equity loan on your personal home could be a viable option to fund the rehab, but it's always a good idea to chat with a lender to explore all your options and find the best fit for your situation.

Consider exploring strategies like house-hacking or BRRRR, and connect with a mentor or local meetups.

It sounds like you’ve been doing some serious groundwork with all the reading and research, which is such a strong start to your journey toward FI and retiring by 55.It’s awesome that you’re exploring real estate as an option, even if you’re not completely sold on being a landlord yet.

I'm exploring a few mentoring programs out there.

Are you exploring a conventional loan or a loan specifically designed for rentals?

Perhaps you could consider hard money in addition to private money?