Especially when there are tons of incentives for grabbing that "low hanging fruit," like there is in your particular situation.IMO your 'low hanging fruit' would be utilizing the new-ish Fannie Mae rule allowing only 3.5%-5% down for owner occupant financing (house hacking) on ALL small multi properties (anything under 4 units, so duplex, triplex or 4-plex).

Increased floating-rate interest payments, coupled with climbing utilities and property taxes, have eroded profit margins and negatively affected debt service coverage ratios.As over $250 billion in multifamily loan debt matures in 2024 alone, owners and investors are bracing for a challenging deleveraging cycle.

We are paid to live here after all expenses- T, I, maintenance, utilities,  internet, etc. 

I've been fascinated with real estate for nearly a year and made a promise to myself that I would own my first multi-family at the beginning of 2025 and utilize my current time to look for deals and educate myself.

It sounds like in California, no you cannot get records of people who have had their water turned off unless you can convince "..the utility... that the public interest in disclosure (of these records) clearly outweighs the public interest in nondisclosure.”The paragraphs below are from here https://firstamendmentcoalitio...Unfortunately, there is a specific exemption under the California Public Records Act that exempts from disclosure “the name, credit history, utility usage data, home address, or telephone number of utility customers to local agencies,” though it goes on to state that such information may be made released “[u]pon determination by the local agency that the public interest in disclosure of the information clearly outweighs the public interest in nondisclosure.”

Are you looking for a turnkey property that's ready to rent out immediately, or are you interested in a property that needs work, where you can add value and potentially utilize the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method?

When the sq ft numbers for pre-fab are quoted, they typically don’t include the costs associated with site work, foundations, and utilities; they are only quoting the costs of the ‘boxes’ that get dropped on site.Many jurisdictions still haven’t accepted pre-fab buildings as an approved construction type as well, which can lead to a longer and more difficult permitting process.I would do my due diligence for sure before going down the prefab route

Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

You can utilize no income no doc ground up construction loans and they welcome first time investors .

Utilizing seller financing, we secured this promising single-family home for a purchase price of $106,000 with a $4,000 down payment.