Had a good conversation about his assets in the area as well as the situation with the property.

@Brandon Pimm my friend and I are in jersey as well looking at Allentown as potential first rental property purchases.

Those skills will serve you well in BRRRRs and flips.

Thanks in advance,Rookie You’re going to struggle to find cash flow anywhere in the dmv, you would really be buying for appreciation only, both for ease and some upside, I’d look at some condos in dc, definitely some risk, but you can pick up a condo at a price you would have paid a decade ago. 

The towns that we know well and have local insights in. 

What is the loan to value - this is for risk and secure the real estate to make sure its not unsecured.2.

I have heard mixed reviews on virtual bookkeepers and would be open to hiring a domestic bookkeeper as well.

Commercial deals are going to look at your qualifications as an investor as well as the DSCR value of the property supporting itself (at least here in the USA).For construction, you will need to look into licensing requirements such as a GC license.

@Sean Dillon figure out how to buy a 2-4 unit with FHA loan.Then rent at least one of the units long-term for stable cashflow.Try STR in another unit as well as the other bedrooms in the unit you live in.You may even consider living in the basement, attic or worse unit in the building to rent everything else out and max cashflow. 

The risk increases the further you go from home, so I'd just stay home if I were you.