If anyone has any other suggestions about alternative strategies in the area that could facilitate cashflow, Id be all ears.

My recommendation is for your first MTR to get something that would be a decent LTR, this way you have a fallback strategy.

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

As a six figure earner, I am seeking advice and insights from experienced real estate investors on strategies and best practices that were valuable when starting out!

Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation, bonus depreciation, depreciation recapture, Real Estate Professional Status (REPS), STR Loophole / STR Strategy, example properties, and more.Cost Segregation 101 Author: Sean GrahamHappy to answer questions :)

After holding a property for more than 10 years, investors can sell the property without having to pay capital gains tax on the profits, making it a favorable environment for long-term investors.Investment Strategies for American Investors in Germany1.

Being close enough to hospitals and also the University is a good strategy, but would be happy to give you some more info on the local areas here.

As for funding your first property, here are a few common strategies to consider:1.

From what I’ve seen in Bloomberg, it also doesn’t hurt to keep tabs on any shifts in local buying trends.One more thing I’d consider is the exit strategy.

I would advise to run your exit strategy extremely conservative in this market.