I think BRRRR would be quite challenging as a first deal in an out of state market, but that is just my opinion.

While it’s an affordable entry point with low maintenance, you need to watch out for high HOA fees, rental restrictions, and resale challenges.

When you go to rent your apartment and you cant find a solid tenant will see the challenges right away.3.

Working with a private lender can indeed come with challenges, particularly regarding qualifications and funding structures.For your cosigner, they typically will need to be a member of your LLC and the private lender will want them to hold 51% - depending on lender of course.Compensating your cosigner fairly is based on what both parties believe is fair.

It's time for connections, challenges, and progress.

Get a small MF you can house hack and start that way.I'm not an expert on the auction scene, but, from what I have read, that is a challenging first step into investing. 

They each have their benefits and challenges.

When you sell your primary residence to an LLC and become a tenant, the IRS may challenge this transaction as lacking a bona fide business purpose.

Just be prepared for a learning curve and stay adaptable to new challenges.

That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!