For example, I'm not too sure about how to actually find good deals/distressed properties, and how to actually find appropriate property managers, CPAs, lawyers, etc.I think once I get started and inertia starts to build up, things will make more sense, but it's that first step that I'm finding difficult. 

Hi @Rabia Khan,To answer that question, it would be up to whether you can afford a single-family home, or if you would like the idea of not caring for the outside of the building and common areas.

Correctly implemented, the resulting property value would exceed 200k, but I am looking to keep the building in the family. 

Estimates we are getting from the contractors to build in 2 legal units is between $110k-$150k.

Building this foundation seems essential for success.I have just a few questions and would greatly appreciate any of your insights:1.)

The office buildings can't be used for it.

The best way to start, and the build on podcast and books, is not to buy, it's to go to local meetups and make more connections.

@Jeremy Rosen I am a little interested in STR but have concerns about occupancy rate, chaos from being in the same building as the renters, and the capital to not only buy, but also, furnish the STR. 

Newbie here.I’m curious of a possible situation where I build a small 2 bedroom guest house in my back yard for a short term rental.

As for the 73k, 10k of that is my own money so even if at 73k I should get back 10k at least with a 105k property that is cash flowing a little.Might be worth doing 73k and holding off on the other till I build a bigger nest egg / equity.