You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.

For example, on my own project.

Typically the higher RE cost market will have the better cash flow (excluding an extract of value) over a long hold.  

We typically alter our strategy seasonally, as demand shifts with the seasons.

Each jurisdiction is different, but typically include a substantial deposit due same day up to full price deposited that day. 

I typically host single family homes, but have been asked to potentially host an apartment complex of 22 units.

I would ask for the developer's proforma, which would hopefully look something like mine here: Mixed Use Proforma Example

Diversifying geographically can also reduce risk and increase long-term returns.For example, there are several markets across the U.S. that are ideal for new investors because they offer affordable entry points, reliable cash flow, and strong economic fundamentals.

Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.