I want to cut my teeth on my first real estate deal within twelve months of moving, and I am interested in starting my investment career with a fourplex.

I believe they stopped using knob and tube wiring sometime in the 40s.Roof - Of course in that amount of years, most likely the roof has been replaced at least a couple times, but this is also a big ticket items to look closely at.Plumbing - I think it was sometime in the 80s when PVC pipes were starting to be widely used.  

I think it really depends on your market and skillset at to where you want to start.

Here are some key points to consider:Accessibility: Residential properties are often more accessible to individual investors, especially those starting out with smaller capital.Tenant Stability: While turnover can occur, residential leases tend to have shorter terms, offering more flexibility if you want to adjust rents or change tenants.Market Liquidity: Generally, residential properties are easier to buy and sell due to higher demand from individual homebuyers and investors alike.Emotional Appeal: Homes and apartments can have a strong emotional appeal to buyers and renters, which can influence demand and pricing stability.Purchasing: Residential real estate will require a down payment of at least 10% of the purchase price. 

We start asking for near top-of-market rent and notice when we decrease rent 5-10% after the first week or two of marketing that magically the tenants with longer rental histories, no evictions and stable (but not necessarily lucrative) jobs start showing interest in the listing. 

My husband and I are interested in starting a real estate portfolio, but figuring out what's the best niche in this area.

That's when my journey of maybe I will start having a rental property.

Hi there,just starting out as an investor and considering Bay Area as one of the markets.

You can't just buy a condo in any neighborhood and start renting it out weekly.

**Implementation** - Start working on your plan immediately