For some background my firm's bread and butter is acquiring single-family flips and small multi-family opportunities for investors.

We provide housing for Homeless and Addicted people in underserved communities, and in an attempt to revitalize our Downtown area, and expand our Program (part of it is home ownership and entrepreneurship) we need to be able to buy adjudicated properties, or have them donated, then have the finances to redevelop and repair them.

Hey there, Newbie investor here looking to get my first flip or LTR from out of state.

I would have looked more deeply into house hacking or creative financing and left the mortgage for the first property where it was.

I have some General Contractors I know in the area I partner with to help new investors get financing and flip houses.

There are deals in every market cycle.Good on you for being able to time the bottom of the housing market.

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

I want to house hack and rent all of the rooms out (since with an FHA Loan I have to be a primary resident I cannot rent the whole house out).

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

If we have to pay for housing anyway, we might as well make the most of it.