After you feel confident in understanding real estate as an investment vehicle, decide how you want to begin your investing journey.

I can appreciate that advise but being a Realtor and and My Dad being an master electrician (with a much broader knowledge base that goes more into being a GC without a license - and no we won't use him as an unlicensed GC) I feel pretty confident that we can do our first flip and be successful.

While this is the most expensive option, it minimizes the risk of costly mistakes and ensures you’re getting tailored advice.If you’re confident in handling the process, the DIY approach can save you money.

Plenty of pics and having a virtual tour for potential guest to instill a sense of confidence in the property.

Start small, build your confidence, and scale up as you gain experience to ensure financial stability and long-term success.Good luck!

For example:Task             Estimate        % Certainty        Low        HighDemo              $5,000           90%                    $4,500    $5,500Construction   $10,000          80%                    $8,000    $12,000Plumbing         $8,000           75%                    $6,000    $10,000Finish Work    $10,000           90%                    $9,000    $11,000------------------------------------------------------------------------------TOTAL             $33,000                                    $27,500  $38,500So, if the estimate of $33k looks good and the high estimate of $38,500 is still "ok", I feel confident because its unlikely that EVERY item will be that far off.

It will depend on what your goals are, but if you'd like to scale fast, you could leverage the $100k cash to buy 2 or 3 duplexes in lower priced markets that have higher rent/price ratios.You could use these properties to learn the ins-outs of OOS investing and use these to build your network and confidence in the market.

Once you're ready for the next purchase, you will have experience, systems, and the confidence to tackle a bigger project like a BRRRR.

But hey, once you embrace these principles, you'll be striding confidently toward a future full of prosperity through real estate investment."

If you're confident in your comps, it may be worth discussing with the appraiser or lender to see if there's room to provide additional context or request a review.