What's your strategy for getting your first investment property?

I plan to focus on short-term rentals in a property that I’m house-hacking, and hopefully move on to multifamily properties from there.I purchased Brandon Turner’s books Rental Property Investing and Investing in Real Estate with No Money Down.

Not many thought a $3 million property was the best first investment.  

You can find an opportunity like this a lot quicker if you go to local real estate investing meetups every month/week in your area.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

The city of Marquette is quite restrictive and is getting hard to invest in overall.

RE Pro Status supercharges this.If you or your spouse are an RE Pro, your LP investments can lead to depreciation offsetting both passive and active income.If you are not an RE Pro, the losses due to depreciation can only be used to offset passive income—such as income from other rental properties or other passive investments.

Some of the top neighborhoods closer to downtown Tampa and downtown St Petersburg include:South Tampa - 33629, 33611, 33609, 33616 (there is potential to get homes under $500k here but prices go up to $1 million+).

Investment Info:Single-family residence buy & hold investment in Austin.

As you're new to this space, I would recommend partnering with an experienced investor/operator in this space that has several facilities under management create a strategy for investing in this space.