If you're lucky enough to find an interested seller, you will need to have the tools to quickly analyze the deal, understand if the sellers motivation to sell, pain points if any, and genuinely see if you can provide them with a quick exit strategy.

To my understanding FHA loan requires you to live there for about a year.

Ok I understand, thanks very much. 

Understand the pros and cons of each approach, and consider which aligns best with your goals, risk tolerance, and resources.Evaluate Your Resources: With a healthy credit score and $35,000 in liquid funds, you have a solid foundation for real estate investing.

Unfortunately I don't think we are understanding each other. 

Knowing it means understanding what the potential (real) cash flow will be, based on what you are looking to pay. 

I understand there is no “right” way to do it but my plan was to get hard money for the purchase of the property and use a heloc for the renovations.

@Jesse Edwards, I was just thinking, based on your original post, you should be talking with the building department to understand if there are any nuances in your jurisdiction.  

.; many RE investors have comparatively longer time horizons, and I would assume that most RE investors have a lower tolerance for risk).I'm a RE investor, and don't have any crypto, but I have plenty of friends who hold a lot of crypto, and we've discussed crypto endlessly...At the risk of sounding like a luddite, even after years of discussions and reading countless articles, I still don't feel like I have a good understanding of crypto.  ...and frankly, I'm skeptical of people who claim to have a thorough understanding of it (yet, there are no shortage of self-proclaimed "experts" who describe crypto with the confidence of someone predicting a sunrise!)

Hi all, In MA, my understanding is that landlords have to hold security deposits in a bank within the state that is interest bearing.