I want to purchase my second property within 4-6 months of moving into my multifamily house hack, but looking for a guidance on the strategy to do so.

The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.

You mentioned you haven't purchased an investment property before or been involved with seller financing transactions.

Purchase price: $839,000 Cash invested: $83,900Bought an up/down duplex 4 blocks south of Sloan Lake.

I have a property that I purchased in Madison NC (about 25mins north of Greensboro). 

Purchase price: $376,613 Moved to Orange Park, Florida, from Delaware three years ago, choosing this home as the perfect place to settle and grow.

You do have to purchase at least as much real estate as your net sale if you want to defer all tax.TICS are generally cash deals. 

.• Hybrid Approaches:Some teams combine purchased lists with public records to cross-reference and validate information, which can improve call success rates.I’ve found that a bit of trial and error is often necessary to identify the right mix for your market and team size.

So I want purchase it as my first rental property it's going to need rennovations for sure not terrible shape just older rancher home.

Congratulations on your first investment purchase!