My plan for getting started.

[Arthur E.]

I have $25,000 to get started with.  Being that there's no way I can afford the area I live in (San Francisco) I'm going to start investing in my home town where my family still lives.  3/2s can be bought in this area for $50k to $75k and then rented out for $750/month.  If I put down 25% this will provide a cash flow of $200 to $350/month.  I've been an apartment manager for 15 years so I plan to do all of the management myself with help from my family when needed.  My end goal is to own as many rental properties as I can.  Is this the best way to get started?  Thanks!

[Arthur E.]

@Franklin Romine I've got an offer in on one house right now, but I don't think I'll get it because it's still under Fannie Mae First Look.  Basically I'm ready to go right now!