This strategy showcases how buying directly from motivated sellers, renovating strategically, and selling retail can yield substantial financial gains in a relatively short time frame.

Garage: Mix of attached/detached/no garageWhat we found in our urban core is smaller homes are selling at massive premiums and also the urban adjacent nature of it pushes prices as well.

I would never buy on a balloon, (sell with balloon, yes, buy - no)2. "40k ballon in 4 years 0% no payments" I don't know what this means3. $40,000 - 10% down is normal, but I wouldn't go above 5%4.

Are you thinking about managing versus a property manager or are you also thinking of selling as well?

Empty rooms don’t sell well, and you want your listing to stand out.

SFR with ADU is no problem. but if you're considering adding an ADU to a multifamily property, consider the limitations you're creating on your back-end buyer if you decide to sell, or your own financing if you choose to refi. 

And even if I do not get into the renting business I can make some profit if I decide to sell the property at some point.

I have yet to do a 1031 exchange or a cost segregation study (I'd like to see how this plays out long term when selling or doing a 1031 exchange into a different property) or expense business travel/mastermind/classes. 

I guess the only way would be to sell the property and then put gains into a opp zone fund, but we are not accredited investors. 

Since then, we have been dedicating our time to learning as much as possible—reading extensively, analyzing potential deals, and listening to BiggerPockets podcasts.After careful consideration, we decided to sell our current home and rent instead, allowing us greater flexibility as we begin our real estate investment journey.