Go straight into focusing on creative finance, subject to, and minimal cash down deals and build from there.I want to hear your thoughts on what direction to take here if you were in my shoes given these constraints (full time job and a few thousand saved) and you want to optimize for passive income first, then value appreciation?

It is a matter of getting out of your comfort zone a little bit but not so much that you will burn out or lose sleep.

Albany, Syracuse, Utica, OH, PA, etc.) for cashflow.The challenge in these markets is that demand is through the roof, and many properties either sell at the asking price or above the asking price (Suffolk's sale price average was 1.5% ABOVE the asking price).If I were in your shoes, I'd explore local and remote multi-family options before considering the mid-term rental route.All the best!

Rates and expectations vary depending on the relationship and the investor's comfort with risk.

I would appreciate if you could give me some insight what would you do if you were in my shoes?

I went from barely breaking even to walking away with a very comfortable profit.This experience taught me two critical lessons:Never give up when the situation looks bleak.

Sometimes a refi or HELOC can be an alternative if you want to hold onto the property.If I were in your shoes, I would start looking at a refi first and see if that would be the most beneficial choice. 

Step into their shoes, listen to their concerns, and meet them where they’re at.

If I were in your shoes, I’d seriously consider selling the $650K property.

I'm currently with an investment brokerage but my end goal is to be an investor and feel the big shoes my parents are leaving me with!