@Travis Boyd Outside of instances where FHA or other extremely advantageous financing options exist I am a proponent of the LLC for investment real estate although the liability piece is overstated.

But a realtor will not know these underlying lots exist and for sure wholesalers wont have a clue.

You'll only be able to cash out a certain percentage of that existing equity.

I'm not talking about cosmetic fixes, I'm talking adding bedrooms within an existing floor plan, creating a second unit (like an ADU), etc.

You do have to qualify and be accredited in most cases to join such clubs, but they do exist.

@Guenevere F.When I started in rental property investing, I found it crucial to set clear goals, leverage existing skills, and focus on scaling gradually.

My best piece of advice is to buy a house with an existing permit.

For example, some areas SFH may exist but the clientele that move into them have to be comfortable with the neighborhood dynamic.

There are so many gurus online pushing 0 down loans, and it simply does not exist if you have no experience, assets, or reserves.

Existing mobile home parks are in high demand for all investors large and small.