At 19, you’ve already mastered what most people spend years figuring out—turning determination into action and action into results.

Start by talking to a lender to determine how much you can afford (and that you can qualify for a loan). 

A zoning ordinance determines how properties can and cannot be used.

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.

Important to note that the amount available is determined based on the actual stocks/bonds/etfs/mutual funds in your portfolio.

My suggestions would be in this order:(a) Determine the type of financing you qualify for - this will short cut the process considerably and save time on investment angles and next steps.

.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

How could I determine how much demand there is?

If so, how is that determined?

STR internet guru's seem to be coming out of woodwork the last couple of years.