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. 

I’m looking tot purchase my first home this year and I have been looking at properties that just need some TLC to be move in ready.

For this to work you need to have lived in the home for at least 24 months out of the last 5 years of owning the home from the date of sale.

Any tips you could share would be greatly appreciated.I'm Canadian investor looking to BRRRR in Texas so will not be in person. 

We have ~150k equity in our current home and are considering doing a HELOC to either purchase or put a down payment on an investment property.

It’s to prevent scammers from stealing elderly people’s homes.  

For example a buyer of a $500k home with an assumable (existing) mortgage balance of $225k would need cash to close of $275k plus closings costs.

Thanks for sharing, I agree that time and long term investing offers the best return on the monumental investment it takes to  update a home.

Take a policy loan against the cash value (5-6% current loan rates) in advance of the auction so cash is on-hand, purchase real estate, execute business plan on home, repay policy loan, and repeat. 

(also, no debts at all and credit scores over 800).Really want to avoid selling current home and renting it back for a while from the buyer until I find another home, get a loan for the difference.