Keep in mind you can look into stacking, where you live in a property, rent it out later, and then sell and do a 1031 exchange into bigger and better properties.

This strategy aligns well with the goal of building a more robust portfolio over time.Feel free to share more details if you have specific properties in mind, and good luck with your investment decisions!

Keep in mind that passive losses from rental properties can only offset passive income unless you qualify as a real estate professional.

Also, connect with other like-minded people in your community and attend as many in person (and online) meetings at your local REIA groups to network and connect + find out about off market deals and get on local wholesalers "buyers lists".Best of luck!

Since you’re also planning to take a hard money loan for the rehab, be mindful of the combined monthly payments.

Varghese, if you'd like to pursue, keep me in mind because I may know some local resources who I could get you in contact with. 

It’s similar to the mortgage calculators you can see online but can add extra payments.

Cameron would you mind naming a few lenders that offer DSCR loans with 50K min?

Key takeaways include being flexible and open-minded, using house hacking to build wealth, leveraging previous profits and equity wisely, seeing potential in properties with deferred maintenance, and patience and compounding efforts.

I agree get 3rd party valuation, however I believe off market your offer should be 6% to 9% below that valuation for the sellers to net the same amount they would on open market.Then you have to worry about change of mind.