Raleigh/Cary is definitely competitive..it's a booming market, but your $30K in cash gives you some solid options, especially for a BRRRR strategy.If you're looking for slightly lower-cost entry points, here are a few markets to consider:Greensboro, NC: Staying within your home state, Greensboro offers a more affordable market compared to Raleigh.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

HUD and Agency financing is another beast compared to conventional or non-bank lending (Secondary Market).

Just don't make the mistake of comparing what someone else profits on a role, to decide whether your compensation is sufficient or not. 

I am such a novice and only just starting my small multifamily property investment... very "boring" compared to what you are doing!

Chicago has such a great investing community compared to most places in the US I have visited!

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Confirm that the warranty applies to the type of property you own and consider whether the annual cost and service call fees make sense compared to just handling repairs yourself or using your own trusted contractors.

If dropping your rate $100 below others at comparable offerings in your target market kills your cashflow, you may be in too tight of a deal anyhow.

Cost of Borrowing: Compare the interest rates and fees associated with a HELOC or cash-out refinance to the hard money loans you’ve been using.