Jeremiah, here's my advice in a five-year plan so A) is patience:Year 1) start a single-member home-business LLC for FREE using bank bonusesYear 1-2) build a 720-800 FICO for FREEYear 1-3) season the LLC for FREE and target a 80 PAYDEXYear 1-4) save some cash by cutting back for a few yearsYear 4) study 10,000 properties for FREE and build a teamYear 5) target a small starter commercial project (4 units or more)using the LLC PAYDEX and 800 FICO when it's a buyer's marketrelying on good financials for the property more than your job6) rinse and repeat and SKIP RESIDENTIAL!!!

Also, dont include your housing allowance, that is not income from the property, so that is completely separate from this analysis.

@CJ DeBerg I'm assuming you're not looking to do a value-add project for your first rental if you're looking to buy a newer property, so there, my advice would be to figure out your entry point of cost and what your appreciation target is and how long you want to hold it to hit it.

Was curious if anyone could help with a market analysis opinion. 

Hey BP!So it has been way to long since I posted anything since I started my real estate journey last June. It began when I bought a Cabin just outside of Gatlinburg and started using it as a V/R though Airbnb. Since ...

Either another live-in-flip or a brrrr project. 

I have a good plan for the funds that will allow me to earn a greater amount of cash flow (building an ADU at my primary) and I am excited to start work on that project.

Before I get started, I should mention that my dad has developed and rehabilitated nearly a hundred affordable housing projects over the years. 

I don't know much about out of state LLCs but in CA there's an annual $800 fee just for having an active LLC so I'm definitely trying to avoid that since this would be a pretty small project and that would be a decent chunk of cashflow.

We are starting to partner with other investors on projects, so the topic of finish comes to the table from time to time.