House hack first
Buy a duplex or quad with FHA 3.5% down. Live in one unit, rent the others. Net rent often covers the entire mortgage.
Best Southern markets
Birmingham AL, Memphis TN, Augusta GA, and Mobile AL all have median single-family prices under $200k and rent-to-price ratios that work.
Connect with Black REIA chapters
National REIA has Black-led chapters in Atlanta, Houston, Charlotte, and DC. Get a real-estate mentor before you buy.
Build your team
Black-owned title agency, Black-owned mortgage broker, Black-owned contractor. Spend the recirculation money intentionally.