We are (last time I checked) the second most affordable large metro in the nation, and yet the fastest growing city in the Midwest!

@Susanne KuhnHey happy to help, I have 4 STR’s in denver metro area and know the regulations very well.

You can find properties like that in www.investorlift.comI would start with a market that is accessible (Miami Metro, Naples, LeHigh, Delray, Boynton, Palm Beach etc, because problems WILL arise, and since you are just beginning you want to be involved to learn and build a team that helps you meet with them face to face.  

I've been investing there since 2019 because, at the time, I was living in the Metro Detroit area and saw the progress unfolding downtown.Folks are starting to realize it now after seeing the NFL Draft there the other month and the population is now officially increasing again.

Everywhere I have traveled this year, New York, Paris etc Hotels are much cheaper than VRBO/AIRBnB and the experience and safety, location, quality of beds, bathroom fixtures are better at Hotels, but 5-10 years ago it was the opposite.

More info on YouTube. every market has housing shortage in America that's a top 50 metro.

The value of the Land can cause the Loan amount to exceed the Rebuilding (Replacement Cost) in some areas (NY Metro area, LA, DC, etc). 

I live in Portland metro and please avoid multnomah county when buying a property.

Quote from @Ryan Davies: Most work this way: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 we charge $2,500 minimum)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 WeeksWe have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WV, WI, WY.

I want to put in 5 percent down on a single family house in metro Atlanta .