that's the best way to get started.https://www.biggerpockets.com/real-estate-investing/house-ha...i'd spend 6-12 months saving and looking for a house hack. 

I am shortly listing my property (near ironwood point, east side of the lake) which is not in an HOA, has a deeded boat slip and is about 6 houses from the lake(5 minute or less walk). 1.5 acres property, setup for short term rental.

@Clark HagenI believe the mortgage would deed the house to you and is just seller financing and a contract for deed you don’t get the deedDefinitely want the mortgage and my recommendation would be to use the Fannie Mae templates docs (mortgage and note) which you can get online.

"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.

We have one lake house and we have a CPA.

My office and my house are just north of Reeb-Hosack2 - I do not have the data to support this but based on what some of the long term tenants in the area are at with their rents, I would say they have increased a lot3 - I would say so https://www.zillow.com/home-values/76576/columbus-oh-43207/4 - There is crime in the area but no more than any other city

I am new to real estate investing and BRRRR.I don't have much capital so I am wondering if it's still possible for a BRRRR strategy to work if I am doing a 20% downpayment on a house and have some cash left for renos?

I’ve been reading the BP book on Flipping Houses by J Scott as a guide.

Here's why:Detroit, MI housing marketIn April 2024, the median listing home price in Detroit, MI was $89.9K, trending up 13.8% year-over-year.

You can house hack too while doing this too to really speed up how fast you can scale.Finally, I'd caution you against dipping into the C class neighborhoods.