Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

Yes there is risk on the Reno costs.

This entails carrying out in-depth market research, examining prospective properties, and drafting a comprehensive investment plan that details the risks and possible rewards.Establish Credibility and Trust: It's critical to establish credibility and trust with possible private lenders.

Background check potential tenants.

Personally, we are diving deep into buying and operating businesses that potential to conservatively achieve 20%+ cash on cash returns.

I would very please to learn from all of the experts in here about which area is good for a potential investment property with low risks.

I'm open to evolving down the road, but as I am new I don't want to risk anyone else's funds just yet.

Hell Looking to understand and get advice if there are still accessible opportunities to grow wealth through real estate in the Seattle area (Seattle, Bellevue, Issaquah or beyond).Objectives: - De-risk income/wealth from my full time job - Grow wealth (property appreciation) - More cash flow (if possible)- Have somewhere to stay (myself and family) when I visit (why something like STR/corporate rental would be great - can have a spare few weeks here and there)I have a couple properties in the Seattle/Bellevue area.

Investors should remember that self-directed IRAs are self-directed, which means it is 100% up to the individual to do their research and conduct thorough due diligence, find good sponsors, and explore potential opportunities and risks prior to investing in any fund or other alternative investment.

I ended up using an fha 203k loan to fix this duplex with a potential huge basement to make it a triplex.