You could also do some small development like a DADU build + condoization to multiply that tax-free money.

I've discovered that most private lenders prefer borrowers with some experience, which I'm working on building now.My main focus is on my exit strategy.

Starting ‘23 strong, already booked solid through March. https://www.airbnb.com/h/casac... perfect, if you are looking to invest in Punta cana let me know I do investment to rent and build to sell 

Self-Management:Pros: Saves money, offers control, and builds tenant relationships.Cons: Time-consuming, stressful, and needs expertise.Hiring a Property Manager:Pros: Saves time, provides professional expertise, and market insights.Cons: Costs money, less control, and finding a good manager can be tough.What about you?

I have a huge passion for fixing up properties in distressed neighborhoods to help the exact problem you are preaching about.In my opinion, we need more incentives to fix up these properties rather than build new ones.

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

What developers used to be able to build 2 units on a 25x100 they can now build 3, allowing them to offer more for 25x100 lots and profit more off these builds.

Whenever you get ready for financing give me a call i'm a veteran and mortgage broker i'd love to asssist you.

If you can take on another job or work more hours to build up some savings you can get a primary residence with little to no down payment if you can find the programs in your area. 

i cover pest control and lawn care on my stuff. keeps down on issues and i know the place looks good. for my student rentals i also build in a quarterly cleaning fee where my cleaning lady comes through and does a deep clean. extra eyes on stuff and parents happily pay it to ensure their kids have a solid spot. pass through cost for me and well worth it.