Someone may have lead generation problems.

A mortgage to buy a primary residence is something you are always paying for.So, I personally would focus on generating wealth and income and then eventually when I reached a certain point I would start to use some of that income for myself personally.

I suspect in a more urban area, with a lot more entrenched and generational poverty, things would be a bit different.

Budget time and energy to manage the property manager. 

They wonder why our next generations are turning into folks that can't handle adversity, it's because they cannot. 

You go to the internet.Well, guess what So does everyone else including actually MOTIVATED sellers.The ONLY way to reliably get in touch with motivated sellers is for you to make it extremely easy for them to find you.I call this "stalking the watering hole".SEO is obviously the best, but  PPC and Facebook ads (a service I do not provide... meaning I am not just saying this BECAUSE I offer SEO) are the next best thing each with advantages and disadvantages.Now, you are better off investing in an ever working lead generation system so you can automate this to generate the highest quality leads for free, than investing in a list, no matter the list and every single time you send mailers you have to 1) Hope they see the mailer2) Hope they open the mailer3) Hope that when and IF they open the mailer they are in the mood to read it4) Hope that when they 1. find the mailer, 2. and hopefully open the mailer, and 3. hopefully they are in the mood to read your mailer, and 4. they are coincidently in some sort of motivation state to act on the mailer, they will give YOU a call when they have received 400 other mailers from other peopleYou do realize that 50% of 50% is 25%.

I love the idea of generating passive income or passive investing, but don't quite understand how to get started.Thank you in advance!

i am starting my real estate journey and I am interested in investing in real estate to create some passive income but more importantly to escape the 9-5 jobs and create generational wealth.

Give yourself 10 years of doing this if you’re patient enough, and you’ll create generational wealth and can retire early.

Once i have 10 properties that each generate $1k per month, then I would pay them off as soon as I can.