Prioritize your financial stability.

If it doesn’t make financial sense or feels too risky, there’s no shame in passing on this one.

Hi @Joshua Manier,**I'm not affiliated with any of the companies mentioned**Your strong financial profile and low LTV puts you in a great position!

If it’s doable financially I’d recommend the duplex.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

(Auctions and foreclosures can also provide great leads.)With $20K, hard money loans are a practical option, as they emphasize a property’s ARV over your financial history.

Prioritize your financial stability.

I think real estate is very forgiving (1) over the LONG term and (2) if you're well capitalized / in a strong financial position. 

That had even a passing resemblance to tax returns or financial statements4.

@Derick JenningsRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?