HiAfter finding this as one of the alternative 1031s on @Dave Foster pdf overview I am thinking it’s a strategy I can look to rather than finding a ready-2-rent property to buy.

Base info: Purchase price: 730k newly constructed town houseOption 1. 30 year fixed, no PMI, Interest 6.875%, total closing cost 92k with 10% down, monthly payment $5000Option 2. 30 year FHA, Interest 5.5%, total closing cost 89k with 10% down, monthly payment $4700Option 3. 40/15 year balloon, no PMI, interest 6.625%, total closing cost 47k with 5% (max) down, monthly payment $4700Option 4. 30 year fixed, Interest 6.5%, total closing cost 85k with 10% down, monthly payment $5000My strategy is to reside in this property with roommates for 1-2 years and then renting out the entire property once I purchase another one.

Adding keywords related to your investment strategy or market locations can be updated in your settings.

Any specific strategies you found effective?

The engine of things and then develop your strategies yourself.People always tell me, they have no time to learn this. 

We have entered "tax abatement" deals into our strategy, which greatly reduces expenses and increase NOI and cash flow.

OOS rehab with a large job for part time investors like us without scale is the riskiest and hardest strategy discussed on BP. 

Figure out what type of strategy you want to do , ie - house hack, brrrrr, wholesale, seller finance, etc If you have any follow up questions tag me in a reply or shoot me a PM 

https://www.zillow.com/homedetails/1754-Chico-St-San-Diego-C...
They buy this 1/16/24 for $1.6M and immediately put it up for rent at $5.5k.

One strategy that I am investigating is renting to travel nurses.