Buy a house--rent it out.But get educated about this first so you don't end up with a Money Pit.

My goal is to get into RED from a sustainable standpoint and I understand that experience or getting started beats education any day, but just wanted to get further feedback on the same.

I had the mindset that I needed to be educated before I jump into real estate and that the DMV area was too expensive for a beginner but that mindset started to become an excuse.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $150,000

Cash invested: $203,700

Numbers will be updated once the cash-out refinance goes through in a few days.
My...

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

After several years of education, preparation, and researching countless markets and strategies, my wife and I finally turned all the theory into reality and bought our first rental property in 2020.

Have you checked out having your class paid for by a military education source (in some form)?

https://realwealth.com/   Lot's of good resources and education and free to sign up. 

I guess from a developers perspective, I'd take an educated guess that if you had 2 properties right next to each other, identical in size, lot size, bedrooms bathrooms etc, but 1 a MFH & the other a SFH, it seems that the SFH would sell for more, and probably cost less (less framing, doors, windows, appliances, boilers / furnaces / water tank etc

We are willing to work hard and educate as much as we can.