I know it isn't possible in all areas, and depends on how long a person is in the area, but long term, renting is not a good idea. 

Super easy.Eastern CT Savings Bank, CTFairway Independent mortgage corporation- uses blockchain to close in as few as 5 days.

I was listening to a podcast of crestcore company in memphis and they were saying west of 61 is not a good idea to invest.

That process alone saved us a bundle of time and money.Where am I going with all this?

Hi Evan,It's probably best idea to first do research into the property by asking the seller/agent questions -  about the condition, area, property, etc.

Hey Bp Fam, Im looking into accepting the terms of this deal however, Im a little hesitant because  my initial request was to have at least 2 months of build out period without payment as the value I will be adding to...

Third Financial Preparation Evaluate your budget, savings, and credit score.

That is ~$200/month savings versus if you purchased your property today

The idea of going the route of small multifamily sounds like it may be a better route than a single buy and hold for my family.

I started with nothing and aggressively saved for almost a year until I had 10k for a downpayment on a cheap house.Step 2: Join online platforms like BiggerPockets, Eventbrite, Meetup, and Facebook groups to connect with investors and get an idea of what kind of properties to look for as investments.Step 3: Use Zillow to find agents and communicate what you’re looking for.Step 4: Analyze at least 5 properties a day in your target market for six months to understand what it would take for you to make positive cashflow.Step 5 Get pre approved from a bank.