It will give you some ideas about how you can structure a business so that it runs like a well oiled machine! 

I would say buy a rental and use to cash to reinvest and buy more rentals so by the time you retire you will have a nice money making machine assembled.

Yes it is a piece of machine I would dream to own one day.

There are soooo many moving parts that makes up the machine that is a successful real estate investor...and with every part there is a chance that your machine breaks down.  

The phone should also have call waiting and either an answering machine or voice mail system.

Do what you know and enjoy, getting creative doesn't necessarily make you more money, it likely means you are taking on more risk and playing a game you aren't prepared for.Everyone's goal in real estate is to create a machine, where in, you stick $1 in the front and it spits $1.20 out the back. 

Go meet with someone at a local firm with "Lending" or "Mortgage" or "Funding" in the company name (that right there tells you their #1 priority isn't "open another checking account" or "establish an ATM machine location" at an institutional level), that lives and lends in the community they serve.

If you cannot walk into your local bank and credit union and based on your relationship with the bank IE large deposits and I am talking in the multi hundreds of thousands.. or very large incomes I am talking in the multi hundreds of thousands.. and or very long experience level I am talking decades there is NO money at those rates. what there is   is money at 9 to 15% or higher.. once you grasped that concept and folks stop wasting time.. then you just plug those numbers into your deals.Now if your talking about yoru 4 mortgage slots for rentals  that's a whole nother story but if your looking for fix and flip type funding  etc etc.. the niche is the HML in the country and there are a lot of themget a copy of the Scottsman guide there are list there of reputable national HML.

It's a machine, a process.

All was going great until tenant called 2 days age and said her discharge hose from the washer machine was backing up from the drain behind machine.