Double and triple check your purchase price with your renovation and holding costs and try to hit a single rather than a homerun to start.

I am mostly interested in buy-and-hold deals of SFH up to $150K.I would be happy to get to know agents working in the area and start building a local team.

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

I personally just bought buy hold and did not do much value add my first 7 years investing.https://www.biggerpockets.com/member-blogs/7810/90789-the-co...

She managed the real estate properties that my parents hold.

What makes you want to do fix and flips first and then buy and hold later?

Not sure how it would hold up if challenged, but it does let them know I'm serious about it.  

Plan to hold for 5-10 years. 

I am more interested in holding this property for long term and prefer this option over the 1st option.Is there anything else I can do?

Richer values put the house at 299k ARV and comps support this.