I normally recommend a turnkey single family home (3b/1-2ba)/ light cosmetic work single family as a 1st investment.

Choose the Right Property:When choosing a house to flip, search for properties in desirable neighborhoods that need structural or cosmetic improvements.

How are you @Jaycee Greene I’m looking for SF and 2-4 MF, fixer up but more on the cosmetic end.

Needs more cosmetic work than major rehab, and roof was recently replaced.

Cosmetic updates (flooring, paint, fixtures, roof etc) What was the outcome?

Ask your contractor to walk the property with you if they're available during the showing, or at least send them the photos and information that you received from the wholesaler to get their opinion.In Pittsburgh a light or cosmetic renovation is about $20k, medium is $50k, and a full gut is $100k.

We were able to buy low in a good neighborhood since the home was in need of some work, mainly needing cosmetic work and some deferred maintenance.

Meaning you may be able to do some cosmetic or smaller renovations like bathrooms or kitchens in your duplex when the tenants turn over and those smaller investments can demand higher rents, so in the longterm you may have more cashflow from the duplex to help fund a future investment in another property while you wait for market conditions to change.

The triplex we bought was fully occupied so we did 1 unit at a time as they moved out.0 Vote  That's great - Are you going to continue with cosmetic rehabs or dive into something that needs a little mjore TLC?

Maybe you help manage the property for them for a small %, or give sweat equity for small cosmetic renovations?