I will have to buy turn key since I'm starting out.

the key thing for a BRRRR is: can you increase the ARV significantly enough with the rehab?

Here are the key points:- First-time homebuyer: You qualify if you (and your spouse, if applicable) haven’t owned a home in the past two years.- Lifetime limit: The $10,000 is a lifetime limit, meaning you can only use it once for this purpose.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.

It depends.If you find a PM that is willing only to do some task becaue you're still very involved then go for price.If you're looking for a PM that will ease the stress to where you forget you're even a landlord then quality of service is key not price.

Starting small and gaining experience is key!

Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term. What kinds of policies do you think might help ensure ongoing af...

Given everything you've shared, one key thing to consider is flexibility.

I think the key in that case was that the property was the last one needed in a large development of a group of blighted small MF buildings that were to be torn down and redeveloped.

I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.

Even if you don't use their dynamic pricing tool, al least it has decent data for you to get a better overview of the market, your compset and market trends.