You can find a single family or multi-family for that price, up to you which you'd rather do.

For example, when I search for single family homes up to $100k in Pensacola there are only 16 options as of this morning and only 27 if I open up the search to include the surrounding areas. 

Finally, single and no kids. 

I’ve built a portfolio up to 250 units, including 100 single-family homes using the BRRRR strategy along with lease options over the past six years.

Currently, I have a single family property that I closed on in early 2024 and am working with a property manager to find renters (was told that this is a somewhat slow time of year in Minnesota due to the weather, but should expect more movement in the coming weeks).I used a HELOC for the down-payment and a conventional for the other 80%.

They simplified the process for us all while explaining to us in depth the important factors when buying a single family home.

Here’s a general criteria that might be a good outline:-single or multifamily properties?

I'd like to use an online legal source to set up a living trust containing one asset only: a single family home.

If you're charging them a friendly family rate significantly under market - it is a personal use property, and no expenses are allowed other than mortgage interest and property taxes, and those may be useless anyway.

@Jonathan RiveraAt the least an OOS investor should go and check out neighborhoods and meet with potential PM's before investing a single dollar.the turnkey concept works for some but more threads on BP talk about missed expectations from the turnkey operators.