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House hack with duplexes
Agreed. When I was in law school I rented from a lawyer who had purchased the house while he was in school. Great idea. He rented it for years before finally selling. It stayed in good shape and he pretty much had 4 students in there at all times without gaps because of word of mouth.
Subject Expert
Save now and research how to underwrite a deal. Practice underwriting on lots of properties. Then when you have the capital, you’ll be able to distinguish a good deal from a bad one.
Before buying real estate, consider purchasing the right insurance to protect your investment. Different types of real estate may require different types of insurance, such as homeowner's insurance, landlord's insurance, and insurance of a commercial nature. This can help you mitigate your risk in case something unexpected happens.