Challenges?

They each have their benefits and challenges.

It will be an identical home to the one I’m currently building, and I expect to need no more than $160K in financing.I’m not looking to overextend myself by taking on too much debt, but I want to make sure I’m approaching this in the right way. 

I'm just beginning my learning journey and want to make sure I approach things with the right perspective.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

By facilitating the closing process and leveraging a strategic marketing approach, we increased the property’s visibility and quickly found a buyer.

A business partner approached me about it, and I negotiated the deal based on CAP rate.

This allows you to benefit from appreciation, continue building equity, and still access capital for new deals without sacrificing an ultra-low fixed-rate loan.Would love to hear what direction you’re leaning—lots of ways to approach this depending on your risk tolerance and goals!

I’d like to understand more about your approach, especially when it comes to analyzing deals and working with investors.

I have done very well with a buy and hold approach here with fantastic appreciation in this area. :) Happy Investing!