I'm trying to pinpoint my financial strategy in attaining these projects and HMLs are always suggested to me.My goal this year is to buy my first investment.

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

Do you need to sell it in order to buy something else? 

I would prefer something I can buy once - software subscriptions are a nuisance.Something that automatically downloads transactions from my online banking portal and that can be used to easily categorize expenses for financial statements would be excellent.Thanks,KevinHi, Kevin.

I have begun to look for a new primary for myself but have decided that if possible, I would like to build rather than buy. 

If you could buy it, what would you do with it as an investment?   

He is one of the partner ,there are many others In this partnership,as in, they all pool the money to buy land and build large single family homes .

Since you're 6-12 months away from buying, use this time to build investor relationships, master deal analysis, and secure financing.

I’m currently working towards getting my real estate license with a focus on helping investors buy 2-3 properties a month.

Jimmy  - Thank you for the input, definitely buy and hold.