@Justin Pokrywka You should search the forums for some additional insight on $40K properties, low(er) rent neighborhoods, what goes into managing a property in a dicey area, etc.  

Fantastic insight as always @Sean Davidson I need join in on these market reviews.One of the key things I want to point out about the above post is the price constraint.

So I was thinking that over the summer (I will be 15 then) that I would be able to get an internship anywhere so that I could learn about real estate in any way possible, I can do whatever anybody wants me to do as long as I can gain knowledge about the real estate world.

I just graduated a few months ago, so hopefully I'll be able to lend some unique insight.

I am currently in the process of obtaining my first buy and hold property..my only dilemma is which route to go in order to finance the property..to give you guys an insight on my scenario I have good credit (740+)..access to down payment money (10,000-15,000)..no prior investment history..Im not sure if I can do a conventional loan because my debt to income ratio may be too high and from my understanding (correct me if I'm wrong) Hardmoney lenders are typically better used with flips and rehab properties..can anybody help me understand my options to financing my first buy and hold property😩..thanks, Shane

2) A regular investor would have to pay Capital Gains Taxes right?

If so, congrats....if it's appreciated to $284,000....wow, 40% gain in about 2 years!!!!

I'm looking for some insight to this scenario, thanks for your crack-shot advice!

He is always willing to provide insight on the project and give ideas to make things easier/better.

Very happy to be part of this forum, and was hoping I could gain some advice from you wonderful people.