I appreciate any word of advice.Thanks!

(Michigan)Would appreciate any advice!

I'm getting started in the real estate investing world and am almost ready to buy my first rental.I’m debating between two different investment strategies and would love to hear advice from experienced investors here.Would you a) buy a two unit and house hack with 5% down (all cash in around 40k) in an appreciating area with a little bit of cash flow every month or b) start BRRRR strategy right away out-of-state in a C neighborhood.And a third option, if you have the ability to do both concurrently, which one would you start with first?

The IRR also includes depreciation write off, amortization of the loan, and appreciation of the assset while the DST holds it. 

Lower appreciation.

I appreciate you reaching out!

Sure there’s the hope of appreciation, but that’s not guaranteed and I like to know that my mortgage balance is shrinking even if it’s very slow.

With the higher price points, you get higher dollar appreciation, bigger loan buy down, and higher dollar cash flow when raising rents.

Re Invest in Arizona is expected but high appreciation. 

I appreciate the insight.