Again as a primary house I will do some minor improvements and move again. my second property is a new construction, I only put 25k with a 5.5% interest rate.

and i stand by that.STRs, MTRs, seller finance, new construction, deals bought off market by experienced investors - sure, those could all work. but those are much, much more difficult for a brand new investor to buy on deal 1. 

Consider other factors like landlord laws, taxes, population/business growth.

Good Morning,Myself and a partner are creating a business plan with the hopes of Raising 1million for REO, SFR, Wholesaling deals.

It helps that we have known each other for 30 years in a business to business capacity.

Hey everyone,The world of construction is changing rapidly, and 3D printed homes are grabbing headlines.

The property cash flowed well and covered our expenses in 2021 and 2022 with short-term rentals and about 80-85% business use, but it did not rent as well in 2023 (oversaturated rental market, change in travel restrictions, weather etc...) and dropped to about 65% business use and a negative cash flow of about $15K.

When we redid our kitchen in our residence (before I started in this business) I think we spent something like $12,000 on the countertops.

Which will bring plenty of other investors and general business to the area.

I'm a local chicago mortgage lender but we are licensed and do a ton of business in CA as well - happy to be a resource in any way I can!