This gives investors more confidence in their investments and helps them build long-term wealth through consistent rental income.4.

We can definitely explore options for a mortgage on your $350k property to fund both your current renovation and the purchase of your next investment property.For the new property, we can also consider a separate mortgage to cover its purchase and rehab costs.Regarding the rural location, while it may limit leverage to around 65% of the property's price/value, we can work within these parameters.Given your equity position and experience, I'm confident we can structure a solution that meets your needs.

I also give credit to Bigger Pockets for helping us with our investment strategy, knowledge, and confidence when it comes to rental properties.  

I'm trying to learn as much as possible to gain the confidence needed to invest in my first property.

We could put in an offer and put a down payment on a house today, but I'm not confident I would get approved for a loan with a down payment from funds that just arrived in my account a few days ago from my in-laws.    

The return depends on your goals—if you’re looking for long-term appreciation and you're confident in the future of the local market, this could be a solid investment.

I am 100% confident that I will achieve financial freedom. 

I would begin marketing immediately, and mention it will be ready the date that you have very high confidence it will be available.The harder part is being selective what you show. 

How do they operate to give you high confidence in their ability? 

Once you’ve gained confidence, expanding into out-of-state markets becomes easier.2.