Many real estate investing content creators like BiggerPockets have shifted to telling people to focus more on appreciation, which is valid but most house hackers I talk to would like some cash flow once they move out or at least break even.

After securing a deal, your focus will shift to closing, finding tenants, and setting up efficient management.If you haven’t already, building relationships with local agents, contractors, and property managers in PA can save you a lot of time and hassle

It is with mathematical certainty that soon coming will be opportunity to best acquire commercial residential properties, I am speaking in very near term, under 18mnths and it's currently looking to be making this shift somewhere in Q1 '25' and well into it by Q2 '25'. 

I’d love to hear some perspectives from more experienced investors on what you think about the info below:$75k for a 5bd 3 ba manufactured home that rents out each room for $500/monthPros:Reliable tenant paymentsCheap purchase price relative to income generatedPotential for ~16% CoC ROICons:Long distance investment (requires property manager)Month-to-month leases per bedroom (& no deposits collected)Located in Utica, MS – not a thriving market for rentalsManufactured home – not sure this type of home will build equityUnsure what kind of tenants live here Hey Molly!

I got interested in real estate after reading Rich Dad Poor Dad and it blew my brain and completely changed my perspective on money and my possibilities.

Tommy, are you asking for perspective on currently listed properties or looking to partner with someone on a purchase?

Quote from @Lorraine Hadden: Quote from @JD Martin: Interesting perspective - I have always represented myself in deals in the state where I am licensed.

So from a lenders perspective, 1.

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

You may be under or over as the market continues to shift!