I am new to this and I also feel like I’m being held back due to being worried I’m making a wrong choice maybe because I’ve never purchased a property before… idk but would love any input!

@Lindsay Tucker BP has made me a lot too.

And I feel like I’m not chasing them around for rent. 

I live in NYC but open to a lot of the mid-west/central markets given lower entry price.If you're looking to get started like myself, or even wants to invest together - feel free to reach out!

I feel like option 3 is the best but more work.

https://www.commercialpropertyadvisors.com/buying-your-first...

I feel much more comfortable going forward with this.One more quick question, I ended up getting a HELOC on this property so I had to put it back into my own name. 

Feel free to drop a comment if you are interested in hopping on a call!

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

After much contemplation and research, I feel confident to begin my journey in real estate investing.