My real estate investment moving forward

[Ashley Dennis]

I am hungry to get started with my real estate investing. I have another 12 years approx to retirement. I have one rental home so far.

I would like to first invest in a single family home in one of the best areas of Orlando to rent out and possibly occupy it on retirement. This home will not be positive cash flowing. Is that a smart thing to do? If I wait to buy in 12 years, properties will have appreciated significantly. So I can put down 20% of my own funds on this home and rent it out.

In parallel, I have attended a 3 day training class last weekend but there is so much pressure to sign up for their packages on financial education and access to a mentor. Is it worthwhile going in this direction to establish a significant amount of passive income? Also they are talking of using OPM for funding these deals. So, if I can learn how to do the deals with using OPM, is it advisable to invest in the education by buying the package?

Thanks.