Knowing exactly how to analyze for cash flow, buy smart properties (most actually aren't that smart), and keeping a nest egg for emergencies.Owning multiple properties is in other ways safer.

I want to wholesale and buy and hold a few properties for passive income and to bulild a nest egg.

I understand situations happen, but we are no longer our parents' problem once we leave the nest.  

I personally would only pay cash for a rental in order to diversify my serious nest egg, not they I have one that qualifies.

The house is their nest egg.

My wife and I have a sizeable nest egg saved and we are not comfortable leaving everything in mutual funds, so we want to diversify into real estate. 

I see at as I have less years to invest but a bigger nest egg to get started with.

Complete facelift- new floors, paint, ss appliances, countertops, fans, nest theromostat, hardware, master shower, furnishing and much more.What was the outcome?

That property has become a nice little nest egg for funds. nothing crazy but more than enough to easily cover rehab costs on future properties.My wife and I also decided to liquidate or IRA, which for us was a tough call because we are both very frugal and are big savers.

But, like you, I also wanted to build up a nest egg for investments and save towards retirement...