It's a total gut job (hoping to start my brrrr journey here).

If you're just starting out, a turnkey cash flow rental is a solid move.

However, I'm just starting out and looking for some guidance on where to begin my journey.I've done some research online, but I'd love to hear from those with experience in this field.

Thank you.This is the book I wish I'd read when I started...and I think it should be required reading for every beginner and pro.

Went to a sheriff sale with one property in mind, bidding started at 50 k and I was prepared to bid 75k max - I was fairly sure that no one would bid anywhere close to that amount because it was in a neighborhood I specialize in, and the value to me would be higher than to the average investor.

I'm not entirely sure as to which niche to start in.

@Itamar HaleviHi Itamar, I would start looking into areas such as Brighton Heights, Bellevue, Plum, Carnegie, and Baldwin.

It sounds like a good way to start in real estate, I just wanted to double check if this is legit?

Then packaged a few such properties together, went to a bank and refinanced them out and then tried to find a new property to put those private lenders on.Admittedly, we usually left some of our own money in the properties (our average all in price is about 82% of the ARV) but we had some money to work with which not everyone does (why I recommend house hacking to start for most).

Public has confidence in economy) and (4) OVER SUPPLY (Due to expansion, supply is now starting to exceed demand.