You're not going to hit a home run on the first one.

The STR's here are primarily second homes that out of staters have converted over after realizing the returns they could get.

Lacey,First off 100K is enough to buy a few homes and second Buy now!

Investment Info:Mobile home hard money loan investment.

My initial focus was on flipping, holding, and selling residential single-family homes in college areas, which provided a solid foundation in the nuances of real estate.After completing my degrees in late 2018, I transitioned my portfolio to a trusted partner (with whom I still collaborate) and relocated to Columbus.

Also I hope to start with some duplex homes as soon as I get more capital together.

I purchased a home three months ago that came with 3 households and plenty of land to build on for 288.

Single family homes is what drew me to OKC, it seems not ideal for multi-family to me as it seems there's a strong preference for single family homes, it's not a high density metro.

Any tips/suggestions on getting started would be great! 

Total cost is $3,200.I know the De Minimus safe harbor rule allows you to deduct anything under $2,500 and that anything over this amount, if considered a capital improvement, would need to be capitalized and depreciated over a certain period of time (the life expectancy of the improvement).