Thinking about buying some rental properties.
I have a few options. Went to look at a house yesterday, listed for 269 could possibly get it for 240. Needs tons of work, kitchen bathrooms need remodeled. Could possibly rent it out for 1800-2000 or sell for over 300 (house needs 20-30k invested into it)
Or get a condo/townhouse for 150-200 and rent for 1500$ a month.
This is all new to me
What are some things to looks for

Landlord crew.

Would not invest in real estate at this time for anything though. It's the wrong side of the market.

your money is losing value in the bank so assets are the way to combat inflation. This is why the super wealthy don't care, they only sit on 10% cash.

In regards to real estate, if you can, go for commercial/office spaces. You're going to have less headache and won't be called every time the sink is leaking. You will only be responsible for the walls out plus your tenant is a business which would have more to go after in the event of a lawsuit. Just know how to write a good lease or read a ton of them and get good ideas. Worst case, have an attorney draft it.

Now if you insist on Residential, then just do research on the rent in the area. You want to make a decent return on your money. Also learn to do some repairs yourself, at least initially because AC people, plumbers, electricians, etc are not cheap. Have an inspection done as well. I highly recommended it. Consider things like the life of the roof, major appliances, AC unit, etc. Look for block frame, wood is chit. Beware of sink holes (depending where you live). It's really what you want to put into it versus the relative value and your budget. I know people that will buy chit and also people that want turnkey ready.

Main thing is going to be screening tenants. Be really careful who you put in and trust no one. Do a background check, meet them, verify employment, be smart. Can they really afford it? Will they stay long or do they have a history of contently moving? Family history? Criminal Records? Do not be desperate here because the difference between a good tenant and bad one will make or break you. Avoid big houses which will attract families with little bastards. Smaller units cater to single people or couples so less damage, theoretically speaking.

Also keep in mind if there are leasing restrictions. Some communities want you to hold the property for a year or two before being able to rent it out.

If you can get remodeling done for cheap or a good price, then that's not a bad way to start flipping. I personally like condos because they are clean and I don't have to worry about cutting grass and chit on the outside. I also only pay cash so association fees don't kill me much. But if you're getting a loan, might want to go for something without association fees and workout yard maintenance with a company or the tenant.

Just be smart and don't be scared. You won't fukk up. Trust me. You'll learn a lot along the way. They printed over 50% of the US dollar in the last year or so. Nothing is going to get cheaper.

Thanks for the pointers, I can do alot of the work myself. Pretty much all of it to be honest with you.
I looked at my towns work permits, they ask for licensed electricians and plumbers but a friend of mine that's a Contractor told me that if you are the owner you can do the work yourself

Bigger pockets forums are a great resource, but not as active as it used to be and a lot of knowledgeable people have left.

A lot of beginners use the BRRRR method, although short term financing/hard money lenders have gotten a lot harder to secure.

Check with the condo/apartment HOA about renting before purchasing, some only allow a certain percentage of units to be rentals or are owner occupied only. Also good to know if any upcoming special assessments are pending, to save you the sticker shock of having to shell out five figures for repairs/replacements.

As mentioned above, screening tenants will be the most crucial job, and will make or break your success. Good tenants are worth their weight in gold.

I would always pick house, townhouse and condos have bottomless pits called strata, totally a loss every month.