I closed last week on a SF just under 20% net cap, buying two more next week with similar numbers.

My husband and I are looking for our first property with the intent to buy others in the future.

Our 3 options are: A- buy cheap housing in small college town.

Buy low and sell high.

I went back to the buy / sell limit order option and auto DCA into a risk-free 5% and I like your buy a biz move

Investment Info:Small multi-family (2-4 units) buy & hold investment.

@Matt DornakWhat is the specifics- If it’s selling a property to buy another there could be programs that work but other than that, no owner occupied loan to delay financing

It seems all the rules regarding what to buy and how are relatively clear.

to give some feedback, you will need to estimate the cost to repair the house; if you don't know how to do that, we just need some  information of what the house needs and the sqft of the propertyIf the house is, as an example, 2500 sqft, and It looks like you are stuck in time back in the 1980s, but the AC is working,  the roof is ok, and there are no foundation, plumbing, or electrical issues; I can assume maybe a $20 per sqft, so the rehab is about $50K to 60KIf the ARV is 290K minus 10% closing/holding costs, - minus 20% profit - $50K rehab, ideally, in this example, I need to buy the house for about $150K to flip it, but as a landlord, I may be able to pay a bit more, as long as rehab is not too much, and rental is about $3,000 to $3,500 a month

Something that will help shed some light on this is reading Garrett Sutton's book "Start Your Own Corporation" as well as Robert Kiyosaki's "Rich Dad's Guide to Investing".