(aside from large 100+ complexes) The BRRRR strategy seems to be the crowd favorite and that's mostly due to the ability to buy at a discount.

@Bradley Fisher sounds to me like you're set up and I wouldn't worry too much about timing, just buy right (which includes trying to buy at a discount which should be more doable in smaller/rural areas of Ohio).

I ended up saying I would pay for the medical bill by giving them discounted rent along with the money they'd miss out from not being able to work for three days.

She basically is responsible for taking her to school in the mornings and, in turn, gets a discounted room in a nice neighborhood!

It seemed to me like a good deal at a very discounted price, so I thought it would be a nice property for me to start with, so that I can learned the ins and outs of real estate investing.

These are the "easiest" deals to find, as buying for wholesalers or fix and flippers at those discounts off MLS in my market is a full time job in itself.

But just wanted to add that I am not saying to discount the local economy completely... it can matter if you think your area will descend to a point where the cash flow property you've invested in a decent B- neighborhood will be a D neighborhood in 5 or 10 years.

This was straight MLS.

Do I let’s say for my first deal I plan to pay investors a 6% preferred return and after that a 70% split to investors and 30% to me.Do I incorporate Blue Estate LLC and then go straight into creating a fund similar to that of Cardone Equity Fund VI which is a fund of Cardone Capital or do I just syndicate a single property deal and create a property LLC paying management fees to my firm to later hire employees and profit splits to investors and myself?

I cannot keep my checks straight, but I think I am hilarious and that is all that matters at the end of the day.