Do your homework hereAre Raleigh's Suburbs Similar in How They Approach ADUs?

I’d love to hear more about how you approach finding these under-$2M properties and what strategies you’re implementing for operations optimization.

How would you approach this?

I'm a beginner as well, but have been reading this site enough to see the recommended (over and over) approach is to leverage your presumably un-tied-down youth to move every 2 years, each time using 3.5% down payments to buy multifamily buildings / house hacks. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

It’s a move that worked out exceptionally well, especially in a growing market like Phoenix.Here’s how you could approach it:Unlocking Equity:A HELOC is great for flexibility, while a cash-out refinance might be better if you’re aiming to make multiple acquisitions quickly.

Just approach everyone with your business potential and they’ll typically help you out.

I want this to become a rental property and would like to begin investing in real estate, I am not sure best approach.

The income based approach to valuation is only used for commercial properties, that’s 5 units and up for multifamily.  

:@Victor S.Hey, even the sleaziest-looking dudes know how to make themselves more approachable.