@Hamilton Chen San Antonio, TX has newly built duplexes in the $300,000 range set in newly developed neighborhoods.

Then I've transferred the property to my newly formed LLC.

The newly built house next door to mine Is a beautiful 6 bedroom custom home over 3,000 sq ft.

Between space shuttle launches, Cruise ships, music events, and being the closest beach to Orlando it is a great choice.

Not enough supply/rentals, newly identified risks, investment value appreciating over 25%, a low rent increase rate in 2020. 

Quite honestly, the knowledge you would gain by being in a self storage or Mobile Home park or Apartment Value-add deal for instance, and gaining experience owning and seeing operations of that asset is so unbelievably valuable.All this also sets you up to ramp up your education and with experience investing in these deals, and seeing the operations and reports, will launch you into possibly finding your own deals in these asset classes.This is an Exponential Business, its not fair at all, the ones who have experience get more brokers calling them get more syndicators reaching out, get more loans from banks.Deploying this lump sum into multiple deals super charges your learning and trajectory.

My understanding is that Fannie and Freddie buy up newly originated loans, package them up into MBS, and sell them to Wall St, Banks, Pension Funds, Insurance Companies, etc.

I am focused on Wholesaling, and then launch into rental/Airbnb properties!

Having newly renovated homes and homes that are in need of obvious repairs, you are able to buy deeper and have proven value in the area. 2) PURCHASE PRICE- As anyone who invests in real estate knows you make your money when you BUY not when you sell.

In 2022....I renovated 23% of the square footage of my primary residence (addition on the house that has a private entrance) and launched that space as an STR.