When searching for the ideal home, be adaptable in your approach as occasionally the ideal offer can not meet all of your requirements but still present a fantastic opportunity for investment or house hacking.

This is when you hear stories about how individuals in their early to mid-20s ultimately give up because they're burnt out and have little results to show.

If your state requires you to send receipts for repairs enclose copies of the receipts.

There are a lot of individuals and funds that do.

@Angie Hensley Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

I know that nothing is free, and that some programs require you to pay the DPA loan back before you move out but what else is there to have in mind that I should know about.

it is not required in FL where I would buy.  

Locate a mentor who can help you learn from their experiences and offer you individualized guidance.Even in an entry-level role, get experience by working for a property management firm or real estate investor.

There isn't a one-size-fits-all solution as you mention, but I would be sure that this is something that you see as sustainable due to the substantial up-front investment that it requires from the outlay.

In regards to the income levels, they way it works is the City will require a document be recorded against your deed that restricts the unit to tenants that make less than the amount specified.