Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

Anything single family will require very creative strategies in order to generate cashflow. 

I specialize in investment properties, high-end homes, and commercial real estate, and I run Updegraff Group Realty, a full-service brokerage that helps investors not only find and fund deals but also manage construction, optimize returns, and scale their portfolios.Financing Your First Deal Without Using Your Own MoneyIt’s a common question, and the truth is—it’s very doable, but it requires strategy and relationships.

Hi Adriana, I am a commercial real estate investor in the U.S. but I live in Dubai.In terms of the BRRR strategy, you could probably do a fix and flip in some of the older villa communities like the Springs, Meadows, or Arabian Ranches 1.

It’s always exciting to hear what strategies others are exploring.

And do they care if I do rent by the room strategies?

Long-term buy-and-hold rentals in stable neighborhoods, prioritizing consistent cash flow and responsible management over rapid appreciation.

I realizing the duplex conversion strategy is more complex I probably wouldn't try it on my first property, just want to get a sense of what's possible in the Chattanooga market :) Thanks!

For instance, a friend of mine transitioned into the BTR market in Austin, Texas, after noticing consistent rental growth.

I work mostly with investors doing just what you are seeking, the BRRRR strategy.