If you're new to real estate investing and looking to get the best value, I'd suggest considering **house hacking** using an **FHA loan**—it can be a great option for first-time buyers.

I'm wondering if a more budget-friendly option, like the RHEEM water softener (42,000 Grain Preferred Plus Water Softener for Hard Water and Iron Reduction) available at Home Depot for around $500, would be sufficient.Has anyone had experience with similar DIY water softeners?

The more cash on hand the more options.

We’ve found a great option for us in Tennessee with a cabin (currently used as a str) and a mobile home.

Or if they would prefer a lease option? 

He is versed in all things REI and was even a guest speaker at the local REI meet-up a month or so ago about all the different options he can offer.

Any other options you guys may suggest if you've been in a similar situation I'd love to hear it ?  

In today’s competitive real estate market, where inventory is tight and opportunities seem few and far between, many potential buyers are overlooking a game-changing option: renovation loans like the 203(k) and HomeStyle.

but the exit was the lease option.. 

Keep those parameters in mind as well.Lastly, A great HML would have options for you to transition into after your loan term ends with them.Best of luck to you on your journey!!!