First, its best to identify a strategy, choose a market that aligns with it, and establish your Core 4.The main challenge I observed is that individuals often lack a clear end goal or strategy, or they select a market that doesn't align with it. 

I'm still learning the market myself but Dayton is ripe for potential fix/flip strategies.

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Welcome to Dallas.What's your strategy?

Both options have merit: the standalone approach allows for independence and customization, while the duplex route offers potential rental income.

| Best Tax Strategies (This video is a couple years old, but should still have valuable info) How To Pay Zero Taxes When Investing In Airbnb

Quote from @Bubba McCants: I have the same technique as Drew: copy from others, customize to your business model and laws, refine as you go.I started with a two-pager that was built in the 80s and never updated.

Your second strategy is similar to house-hacking and is a great strategy if you want to be less hands on. 

I am glad that you were able to find a couple of fixer uppers that is a great strategy.

Where the manufacturers/builders tend to get frustrated is when they are finding about this last minute and you the customer ends up in the middle of a finger pointing disagreement where you dont know who is right or wrong.