I know I can reach out to some mortgage brokers to connect me with a private lender for most of the mortgage and then I would just need another lender to supply the down payment and renovation money.

A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.

The property’s potential for strong appreciation and steady rental income made it an attractive addition to my portfolio.

I think a slow-and-steady approach is great, especially as you learn the ins-and-outs of the market.

Here’s how I’d move forward:Get a Real Estate JobLook for steady-paying roles like property management, admin work at a real estate office, or project coordinator with a developer.

Rochester and Dover are seeing steady appreciation and rental demand thanks to ongoing development and proximity to Portsmouth - hard to find great deals here.

Recently the supply for SMF has shot up a ton!

We need more supply to do that.

And tons of people are getting into this business and drive the price down (simple supply vs demand curve).

Florida’s appeal as a retirement destination also means that buyers and renters aren’t bound by traditional school-year schedules, providing a steady stream of demand for housing throughout the year.Texas: Strong Demand and Economic Growth Drive StabilityTexas boasts a rapidly growing economy, which has fueled a strong and relatively stable real estate market across the state.