Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

LTRs with long term conventional financing and standard management aren't really cash flowing anywhere right now. sure, there are lower cost markets that look better on paper, but there are costs associated with those supposedly cheap markets as well - deferred maintenance, more challenging tenant base, higher cost turnovers as a percentage of the rent.2. i wouldn't pick a random market thousands of miles away based solely on statistics or numbers. 

The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022. 

So, I am truly coming into this blind... but excited and optimistic and ready for a new challenge/adventure!

Challenges?

Weekdays are particularly challenging.

Yep, a recurring theme is that communication from the operators is essential -- especially during challenging times.

NC is a great market for your goals, however it will be challenging to find inventory that has much cash flow; many people who toss money into multifamily here do it to avoid the tax bill + take the 10 year runway of growth.How much SHF RE do you currently have?

Challenges?

2024 will go down as, "The Year of Taking Action".Getting back in the game came with some challenges.