@Thomas FarrellRecommend 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?

In the RE space, that's typically flipping & wholesaling.

Inspections are typically done by licensed professionals like structural engineers, architects, or certified building inspectors.

A typical rehab is going to be 3-4 months, with a month to list/rent.

Hi everyone,
I’m a new investor learning the ropes of being a midterm landlord. I bought an outdated condo, planning to do a cosmetic rehab later when I had more budget.

I moved out of the condo in mid-2024 for a ...

The first year is typically good for most properties, although I've had some rough starts.

Easier to predict expenses - typically no major repairs unless from association3.

The key is ensuring the after-repair value (ARV) supports refinancing to pay off the initial funding without overextending.Fix-and-flip - This requires sharp numbers and market knowledge.

The cost of a cost segregation study varies but typically ranges between $1,000-$15,000.

Sub to deals are risky for the buyer and typically provide little to no value for the seller.