I'm looking to purchase an off-market home in my neighborhood and ran into a hurdle that I might not be able to overcome...For context my elderly neighbor who I've been friends with for the last couple of years recently passed away.

Hello all, This will be my first post on BP, and will serve to pose a question to overcome my first hurdle on the road to owning and home and gaining beautiful equity.

Here are some reasons you might want to invest in student rentals and a few challenges to keep in mind that you will need to overcome!

Just be aware of the HOA fee future.Developers typically set the HOA fees as low as possible to get buyers in.Once they turn the HOA over to a Board made up of actual residents, it's not a question of if, only WHEN HOA fees will be raised to where they should be.This will adversely affect your cashflow, so you should plan for it.

If you are already investing out of state then you have overcome a large hurdle and you could definitely find a market that would give you both appreciation and cashflow if you were willing to put all the money you pull out back into a deal.

This works for me because I’m extremely risk adverse but it’s not for everyone.

Your accomplishments in real estate at such a young age are truly impressive, and your determination to take risks, save diligently, and continuously educate yourself is commendable.It's encouraging to hear about the challenges you've overcome as a long-term rental landlord and the rewards you've reaped from your efforts.

We decline to comment on the wild stories of potential applicants who believe their story will overcome their history.

By staying attuned to market trends, leveraging technology, and fostering a culture of adaptability, we can position ourselves for success in the face of adversity.

Wondering if others have had any mental blocks when making offers on their first property or buying their first property in general.What were they and how did you overcome them?