We are also looking to build our investment portfolio by marketing for motivated sellers.Jason

I would love to connect with Multi family investors, developers, etc. to potentially collaborate with while building my network.

While I am fine renting while I search for the right investment, my dream would be to build (for my own personal home).

I aim to find distressed properties with or without existing ADUs, rehab the SFH and ADU, and build a DADU (DADU can satisfy priority #2, something Airbnb-able that you can be excited to visit).

We actually have a great way for you to find a trusted one with our Tax Pro Finder Tool, under the Build Your Team Section. 

Building your Core 4 Real Estate Team is also crucial.

We have spoken to the city and they are wanting the building to be comverted to multifamily because of lack of affordable homes.

Fourth Start Small Select properties that align with your budget and investment goals and also consider Location Matters, Due Diligence, Build a Reliable Team, review Risk and Reward and continuous learning the most important.

Let me here what you would do with the scenario.Purchase Price:40KRehab: 40KTotal Loan From Lender after Rehab: 80KARV: 130KFair Market Rent: 1,200 Mo.If this was your very first purchase, with a goal of wanting to scale, and build a portfolio based around LTR, and Fix and Flips.

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.