But if you can find a way to value add, like finding a fixer you can BRRRR or something you can add bedrooms or bathrooms to, or even add another unit to (like converting a garage or splitting a larger home), then some of the properties that don't make sense based on what they are right now can start looking a lot more attractive if you have a good plan to get to a higher ARV or boost the rental potential.

Or just a confidence boost. 

., or other things you can do that can boost your DTI.Best of luck!

If so can I leverage trade lines to boost my credit score and credit history immediately? 

If not, I'd like to see if he has any other property he'd be open to doing the same with, or at the bare minimum talk to me about real estate and possibly get me that jump start/boost I'm seeking.

The seller agreed and I went to work.We got it fixed and I was able to get it sold in just days and made $10,000 as a wholesale fee.The moral of the story is, do your due diligence.

I understand the goal is to work to continually increase your cashflow by acquiring more properties over time, and that annual rent increases will give you a natural boost, but I imagine you want some cushion built in to your spending habits for inevitable bad times economically?

Hi Sonya, I started off as an out of state investor living in San Francisco in 2021 and chose the Ohio  markets (mostly Columbus for now) to start off with because of the low entry points as well as the tech sector getting a big boost as previously mentioned by Min. 

If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.I see how institutionalized product in Class B/C markets are trading at 5%-6% cap rates.

Does the tax return boost cover the $4200/yr loss?