Small residential properties seem like a headache for them now so I've been fortunate enough to take them over via things like land contracts and creative financing deals to get them out of those properties.

I posted several blowing holes in every new variant of this scheme you dreamed up.I used to build depreciation amortization tables for billions of dollars of assets, was head of balance sheet policy (large chunk of which was amortization) at a Fortune 50 company, and am currently a data scientist doing math literally all day.

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

This is unchartered territory for us--we are fortunate to have had only responsible and trustworthy agents in our past. 

Fortunately for the Gurus there is always a new crop of wannabe investors who can easily be separated from their money by selling hope. 

Fortunately for me, I started investing a time in the market where everything went up.  

@Christopher MorrisI am one of the fortunate ones that has retired from my w-2 and now do real estate full time.

A lot of these numbers of what I have pulled from the real estate listing, and inquiring on property management/landlord insurance rates.I am not looking to make a fortune overnight and realize this would be a slow return on investment/passive income.

I have moonlighted for several Architects and through hard work and good fortune stumbled on an opportunity to become an apprentice electrical engineer. 10 years later I am a senior engineer, together with my wife, have a decent portfolio of Real Estate.

I feel so fortunate to have found BiggerPockets, as it’s been a goldmine of information and resources.Currently, I’m leaning towards the BRRRR strategy as my primary niche.