Starting with a single-family can be a great way to start especially if you’re looking for a lower-risk starter project where you can get your hands dirty and learn a ton by doing.

(Either with the roofing company, a heloc, or a personal loan.)Either way you will probably be way ahead on interest saved unless you have a sub 6% interest rate.

The best part is, Wagner and Werner are brothers!!  

Wishing you the best as you get started.

My recommendation is for your first MTR to get something that would be a decent LTR, this way you have a fallback strategy.

CA is hard all the way around with real estate, but if you're willing to jump through the hoops, San Diego is a good place to have a STR in a CA city.

I’d ask my boss, “Why are we doing it this way?

Anyway, might be worth a look if you want to try to get the best of both worlds. 

Hi Andrae, the simplest and most risk-averse way to get started investing outside of your local area would be to contact TurnKey providers in the markets you are most interested.

Please stop asking us for "the best" zip codes to invest in.Detroit has around 183 Residential Neighborhoods - wouldn't it be nice if "some proprety mangagement company" Classified them all as A, B, C, or D on an interactive map that real estate investors could use to make better decisions?