BLOW UP your mind with focused market research (think specific neighborhoods), networking events, more books, or maybe a financial coach.

I'll advocate for @Patti Robertson to manage in Suffolk so I can expand my reach 

This and seller finance deals(esp one's with 10% down and a 2-5 year balloon) are going to blow up in people's faces.

That is very difficult to do in the best cases and even harder to do remotely.I'm an advocate a hybrid approach for remote ownership; using a local PM for the on the ground stuff but owning all of the guest interactions via the app.

I'll play devil's advocate, at that price you might as well invest in multifamily units. 3-4 unit properties are selling in the low $200K and with an average rent of $700/unit, you get better cash flow and spread out risk (1/3 units vacant versus the house 100% vacant.)You do your inspections and make necessary improvements upfront to offset the risks with buying a "used" property instead of brand new construction.Alternatively, how much of a price difference between new construction and a remodeled home?

I would say it’s mandatory (which I am a big advocate of a PM) but it does make life easier

The bank isn't going to let you blow their money.

My journey has taken me from being a forward-thinking Realtor to a tech innovator and sustainability advocate, always with an eye on how to optimize operational efficiency and investment returns through AI-driven solutions.What Sets Me Apart:AI Mastery in Real Estate: I've revolutionized CRM systems with AI, boosting engagement and transforming client communication into dynamic, fruitful conversations.Sustainability Visionary: I lead sustainable housing projects with a focus on energy-efficient homes, pushing the envelope on what it means to live responsibly.Investment with a Twist: My approach to real estate investment incorporates advanced analytics and AI insights, setting the stage for smarter, more profitable decisions.Collaboration is Key: I believe in the power of networking and collaboration.

I hate to blow up this deal over a loan but I'm only $3k into it.

Here's why you, too, might want to consider this path.Understanding the AppealWarren Buffett, a beacon of investment wisdom, has long advocated for value investing—finding assets undervalued by the market.