Also, consider connecting with local real estate meet-ups or online communities like this one!

Start growing your network, look on Facebook/BiggerPockets for different events, find a mentor doing what you want to do, and get to know the local lenders/brokers.

I have been investing in real estate in my local market for 10+ years (flips, private lending, rentals).

For example, McDonald's sells poi in Hawaii and wine in France, adapting to local preferences.In my approach:I chose property types based on what my target segment was renting.

Hi Robert,I'd recommend reaching out to a local agent in the area or if you know of any property managers in the area.

If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.

I've used LendingOne before as well as local commercial banks.

I would suggest to check with your local laws first.Most likely you will need permit ( I guess you can get away without, obviously not suggesting that :D)) but possible) , also check your zoning.If not possible to create separate unit legally, I suggest not putting an oven in the basement, and rent it without, or live in it yourself

Keep an eye on local developments that could boost property values.4.

I assume a situation in which I have not signed any contract, but realtors who met in local meetings provide duplicated information.