If you're in a town where there's only one major industry and that industry goes on hard times , your investment is going to be hurt.

I am new to the industry but am focused on long term goals and wanting to build a team of reputable individuals where we can all bring each other value and make some great money together. 

The same goes for the specific monetary amounts of my specific process.Please let me know if you have any additional questions on this process, I tried to be as thorough as possible.

With it being purchased as a property specifically for renting and or flipping would my income come into question on the financing side of things?

You also have to explore the STR versus LTR in that area to see which may offer a great NOI.If you ever have any specific questions feel free to reach out I enjoy helping and talking REI.

I also run a large community of bookkeepers who serve the REI industry. 

4) What I would do with 40k if I was in your shoes is i would get pre approved analyze the potential deals on small multifamily specifically a side by side duplex.

As we navigate through various stages of property management, including renovations and strategizing for resale or rental, I'm looking to gather some insights from this knowledgeable community.I have a couple of specific questions:1.

I would strongly recommend attending one or two so you can start networking and meeting people in the industry.

Are there any other specific areas/pockets I should focus on for strong rental demand or avoid for that matter ?