I’m particularly interested in off-market opportunities and would appreciate working with someone who knows the area well.The purchase will be under my name, but I’d love to take advantage of any benefits tied to my daughter’s first-time buyer status, especially considering her limited credit and assets.

Personally, I’m seeing a lot of interest in fix-and-flip projects and long-term rentals, but financing remains a key challenge for many.

I know as with almost everything in life much of the learning will come from hands on experience but I want to build a the best foundation possible beforehand.

@Courtney HamiltonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Hey everyone,I'm Derek from Indianapolis.

I’ve been learning about the industry / different regional markets for the past few years and am eager to execute my first deal in the near term and continue growing through this community.My primary goal is to purchase a property I can live in while generating rental income (e.g., a single-family home with a tiny house, a duplex, or a single-family property where I can install a tiny house).

. $1.5MThis property is located just a block and a half from the beach in Carlsbad, making it a prime spot.

Quote from @Robert Burns: I'm looking seriously at expanding my REI business include buying, fixing and flipping REO properties!

Am I in the ballpark that if I purchase this for $110K today, that it would yield about a 20% IRR? 

Purchase price: $195,000 3RD RENTAL PROPERTY AT 25 What made you interested in investing in this type of deal?