Save time, effort, taxes and numerous other resources and stick to renting a primary residence and use your credit/capital to buy an investment property.  

If your in NC like your profile says I don't think you have to look to far for a strong market.Things to be aware of:overpayingnot raising enough capex dollarsunderestimating capex budgetchoosing the wrong PM companynot getting right coverage on insurancetrying to rehab project from cash flowbuying in the hoodgoing of the OM proformathere are numerous ways to make a deal go sideways.

Search the BP for ADU appraisals to encounter numerous examples.

BiggerPockets offers numerous resources so definitely take advantage of it.

Although you can be successful, I've dealt with numerous scams throughout the years.Zillow has been most helpful.If you have a decent portfolio of rentals, consider using companies like Showdigs or Tenant Turner.

I was with a self-storage building supplier for over 20 years before becoming a self-storage lender, so I have seen the business from different perspectives and I enjoy passing along info as I can to those looking to become part of our industry.

.- There is no need for onerous IRS filing and reporting which accompany a typical FAPT such as the 3520, FinCen114 and numerous FATCA requirements.- The Trust is NOT limited to using one of the DAPT jurisdiction which continue to have damaging cases and are creating a very poor track record of actually protecting assets.- For 97% of the client, they will remain the Trustee of their Trust and may pass their assets and even the planning to their children.

It is for this very reason that I have, on numerous prior posts, advised that the "old" Owner/PM be instructed to send an introductory letter to the tenants, informing of new management, which would be followed up by a more detailed letter from the "new" Owner/PM, along with new Owner/PM sending termination notice at the earliest lawful date to end the old agreement.

Also look for numerous multifamily offerings from sponsors across the U.S. which allows you to invest in different markets.House-hacking, fix and flips and wholesaling are for more active investors mostly in single family homes, but these are good ways to get started when you have time and not a lot of money. 

There are numerous ways to connect with others.I'd love to connect and offer insight where I can.