Hi Kevin,I'm a big fan of buying with cash and my thought process is quite contrary to everyone else's.Cash is KingCashflow is QueenLeverage can be a peasant lolOne can retire investing in Toledo with $1m in cash.Off-course, this all depends on how many villages you need to feed 🤓I have too many "villagers" on my back so it's a bit of a different story for me.Sub $100,000 markets like Toledo require volume to work and to be worth the risk if you are looking to buy and hold.Not much growth potential long term so I would consider it a strict cashflow play.Start slow and small and you can always scale up once you learn the market.Or call it quits and exit if you decide it's not for you.IMO, leverage should only be used to scale a portfolio and only after you have immersed yourself enough in a specific market.And only once you have decided that you want to stick around in that specific market and invest in it long term.Over the years, I've witnessed many folks use leverage and attempt BRRRR out of state only to fall short and say "the market sucks and it doesn't work".Nothing works unless you make it work and a market like Toledo can work better than any other market I know from a cashflow perspective.I've been investing since 2014 and flipped hundreds along with currently managing 400 SFH.Only this year have I started buying small multifamily properties.It's an adjustment and a different animal but let's just say it's in the same breed of animal lolImmerse yourself in a specific market and become an "expert" on the numbers in that market.Find off market deals, negotiate hard, buy with cash and buy quickly.You make money when you buy and not when you sell so you must buy cheap.There are many ways to skin a cat mate and this is how I get my fur lolWishing you much success

+1 for immersing yourself and finding a mentor/mentors.There is a wealth of info on here and a lot of knowledgeable people who would be willing to help.Other than a book purchase I would avoid any courses, as the info is readily available if you are willing to spend the time to parse it.Build a 1, 3 and 5 year plan and execute while remaining flexible.Good luck!

Your insights and recommendations would be invaluable as I explore these avenues.When I'm not immersed in real estate, I enjoy traveling, listening to music, and cooking.

Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to allocate their time and resources is misplaced.

When the cat leaves, the mice will play".Most folks that invest out of state are cat's that are never present.So the realtors, contractors and property manager (The mice), are always playing and making a fortune doing so.You really need to spend a lot of time in establishing the right relationships in order to make it work from afar.Picking a market, visiting it regularly and immersing yourself in it non stop.Having family can also help but I decided a long time ago to not mix business with family and friends as it can get heart breaking when things don't turn out well.Wishing you much success

Immerse yourself in learning about land investing.

Back home finding deal getting my real estate license and immersing myself in that world or to be stuck fishing for the big checks to invest with.

It takes intentional placement of oneself to immerse in those conditions.

Hello Bigger Pockets Community,I recently transitioned into specializing in multifamily real estate investments and have been immersed in learning about the complexities and nuances of this space.

Hi Kiefer,It's great that you're immersing yourself in learning and have already taken the first step with your duplex.