This my friends on BP is just the reality of Real Estate you have two basic methods One mom and pop keep their day jobs and start buying long term hold rentals as they can afford them and if they like it they keep at it..Two you jump in the game and try to make money transactionally IE RE Broker  Flipper Wholesaler MLO  leasing agent etc etc.. this also is a long term ramp.. what the Guru programs attract generally speaking is those that get excited think they can somehow buy a program ( any program pick one) and its going to jump start them to this mythical financial freedom everyone talks about..

Retail sales so far are +.7% MoM and +3.8% YoY.

Just what I see its very market specfic out this way.. used houses sell for as much if not more per sq ft than new builds.. for starter housing most of that has gone the townhouse route.. cheaper than free standing. and the big production builders can build those pretty efficiently.. mom and pops not so much..

To start I made sure that I found a majority of my furniture from locally sourced companies such as thrift stores, Facebook marketplace, mom-and-pop shops, and so on because I felt if I'm going to do this right I want to support the local community I am investing into. 

I guess that is why so many people buy lottery tickets, to have a little nicer car to drive to work....I grew up watching my mom carefully invest in stocks that she held for decades and built a nice portfolio with, I could never understand people who would get a bonus and spend it rather then invest it.  

So it is really looking more at bank deposits, but most mom and pop owners won't share bank statements.  

(I was a stay at home mom when I did my last big project, and really had all the time in the world.)

As such, there's a signifiant cost in ROI to "feel better."  

Some banks may lend as a HELOC on the rental property, or refinance it, but you're right you'd have to get your mom on board for that. 

Individual High Net Worth Borrowers (With Prior Experience As Multifamily Debt Broker): We have a few mom & pop clients who previously worked as multifamily debt brokers at major shops like Berkadia, CBRE, JLL, Walker & Dunlop, Etc.