For the buy, you can use cash, HELOC, PLOC, conventional loan, fix n' flip loans, bridge loans, etc...

Any zero appreciation market that projects cash flow below $150/door in non commercial residential (less than 5 units) will, IMO, eventually (for the buy n hold) not be worth it even it the entry cost is real low.All this is my opinion for the majority of newbie investors.

@Kiley N.

We are from MN and have bought our first fix n flip property through a HML.

@Roy N.

I just moved (well, technically still moving) to N.

@Donnie N. 

Highland Hills $131,100 3.72% 10.91% 50.52% Woodlawn Hills $168,700 2.43% 10.77% 60.21% From the data i have seen the following are the most appreciating zip codes in last year: Zip 6 month 1 year 5 year 78210 2.45% 11.27% 71.87% 78220 3.26% 10.18% 62.09% 78242 2.50% 9.16% N/A 78226 -0.26% 8.97% 50.08% 78227 2.44% 8.69% 50.52% 78228 2.67% 8.15% 54.42% 78221 1.92% 7.92% 48.68% 78224 2.36% 7.86% 45.54% 78264 4.71% 7.77% 44.34% 78218 2.93% 7.09% 49.81%

RE buy n hold residential is not 100% passive (even with a PM) and in your case would be for the primary residence (not an investment property).

N/A.