Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

@Brooks McCarvel I’ve already Posted once on this thread but I’ll re-post that I think if you’re leaning towards an MBA I’d try to focus on finance or accounting.

On that renovation, focus on value add opportunities to force equity or cash flow. 

Not everyone wants to go through the process of purchasing a turnkey, but if that is your strategy then all the more power to you.   

It could give you peace of mind as you focus on your family and move to your new home, without the additional stress of managing a second property from afar.Best of luck with your decision! 

.✔ Be transparent, protect both sides, and focus on repeatable, scalable deals.What’s your goal with private lending—funding your own deals, lending to others, or both?

Since you're using an FHA 203k loan and house hacking, focus on managing renovations efficiently to avoid delays and unexpected costs.

I’m a new investor based in Kingston, NY, with a focus on the Hudson Valley and Catskills regions.

Piece of advice - when I started I wish I would have focused on my multifamily niche/expertise from day one vs trying to be the agent for everyone (flippers, STR buyers, land, etc). 

What areas are they focused on?