Also, many of the multifamily listings that are a "good deal" will not appraise with a VA loan due to the limitations on a million items like FHA.I would first start with talking with a lender and getting the pre-approval knocked out.

Scenario: If one is to buy a new home to use as a primary residence ( till say Jan 1 2025), fix it up and get it ready for STR use starting Jan 2025 while STRing the initial primary until Jan 1, 2025, then move back to the initial primary and fulltime STR the new property..

Even though I had been lending already when we started this company during the last crash, I still partnered with someone more experienced than I and I learned.

Is it possible to start investing with little or no money?

We are realizing that this home doesn't fit our lifestyle anymore and we want to pay down debt and start saving to buy our first rental property. 

The way I did this, and I started at about your age and with a wife and 3 kids, is I learned quickly that I need to buy out of state.

Hi Susanne, I am happy for you that you are going to start on your second STR.

Sit down anywhere and people would just start talking real estate.

I've been wanting to finally jump into the game but have been hesitant as I'm relatively young (mid-20's), recently started my career, building up some of my own money, and just been nervous to make the jump.

I have offered both to buy them a condo to start, but they aren't ready yet so one is renting and one lives in an ADU on my property.Single-family is strong and smart, but I like condos for younger kids because the HOA saves them of all the things they don't know how to do.