House hacking is a great starting strategy.

Additionally, explore alternative financing options or strategies that may better align with your long-term investment strategy.If you decide to pursue a hard money loan, research local hard money lenders in Virginia, and consider reaching out to multiple lenders to compare terms and rates.

Im a long term hold guy. these would all be for Brrrr strategy. 

I have not used an agent before, and I've heard mixed things about that.My personal strategy has been to make up small business cards or flyers and then have somebody place those in the areas where my tenants are likely to be, such as local grocery stores, laundromats, restaurants, and so on.

I have funds totaling around 20k for a down payment (100k home), however for my planned strategy I’d like to target homes at max 200k which should require a 40k down payment.

I'm curious if anyone has a written or graphic real estate acquisition strategy that they might be willing to share.

What guidance or strategies should a first-time investor seek when searching for a lucrative home investment?

My initial thoughts on strategy is to buy and hold and ultimately build equity.In looking locally, Oceanside seems like a more "reasonably" priced coastal location compared to some other San Diego areas.

Interesting strategy. 

Buying pre-construction properties in Latin America to flip within a short period of time is a risky strategy in general but even more so today given the rise in prices over the last few years.Medellin is a great place to invest provided you buy the right kind of property but not because it's still undervalued according to international standards.