It's a pretty good investment market, especially for those with any tolerance to risk.

Risk/Reward- you can add as needed. 

House hacking usually provides returns above and beyond any other asset class and is a great low risk way to get started.

@Kaylee Ryder- thanks ...good luck with the plans ...definitely get fully pre approved  several months  before you are thinking of buying 

If there's a strong demand for high-quality rentals, investing in a full rehab could position the property more competitively.Financial Flexibility: Consider your financial flexibility and risk tolerance.

For contractors, ask for recommendations, get several quotes, and create a realistic budget with extra funds for unexpected expenses.

An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they can require an interest rate cap at a rate threshold that helps ensure the borrower can service interest payments comfortably, limiting the risk of non-payment in a rising interest rate environment.Floating interest rate debt has 2 components:✔️ Benchmark Index✔️ SpreadBenchmark Index + Spread = Total Interest RateThe interest rate cap will set a maximum threshold for the index used.Let me know what questions you have about interest rate caps below!

And there are several factors to consider, the high cost of living caused by high inflation rates and high interest rates and other more."

@Tony & Andrea Stephan  It's truly gratifying to hear of your success here, particularly given that numerous operators we know have endeavored to achieve a similar feat but to no avail.Curious to know if this was 131 single family homes, several multifamily properties or one big complex?

@Alex ClarkThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.