Here's a technique you can try right away, and it's free.

Then to be safe, I like to add 10% to it as a buffer when/if cost overruns occur.

I would study the different real estate investing techniques that you could comfortably afford to get into and find the one that interests you the most and go for it.

@Kishan Korsapati There should be a better articulated investment thesis than buying a home that is deemed to be in a safe area and cash flows.

Network for collaboration, learn from successful investors, and discuss ROI and financing techniques for meaningful conversations with Houston investors.Good Luck!

I want to provide a safe, structured living environment for individuals transitioning out of recovery or other challenging situations.I’m new to this process and was hoping for advice on the following:How to navigate zoning laws and permits in Montgomery for this type of setup.Licensing requirements for sober living or group homes.Strategies for finding residents or partnering with local organizations.Financial and operational tips for managing this type of property.I’ve heard zoning can be tricky and want to ensure I comply with all legal and safety requirements.

Although, there are some things that could transpire that no asset could be safe from being affected.

There’s nothing wrong with playing it safe, starting small, mastering your strategy, and then scaling up—especially when using other people’s money.That said, as others have mentioned, house hacking is a fantastic strategy.

We just bought a house in a highly desired older neighborhood.The owner agreed to owner finance it with 5k down over 5 years at 0% interest.We did put some money into the house to fix it up some.The rental income will cover the payments.Always ask for owner financing, the answer might surprise you.Work with money partners to do more deals.Join your local Real Estate Club and learn new techniques and grow your network.

.- Located in a C- to B neighborhood—close to amenities and mostly safe but not for everyone.- Converted to a rental in 2024; initially rented for $4,750/month, but tenants moved out, and the soft Bay Area rental market has made filling it challenging.