It is very important, no matter the investment vehicle, to do thorough due diligence, ask for track records, know the risks, make sure there is a great deal of transparency and excellent communication with any Sponsor. 

I lean more towards Brandon Mulrenin even though I am not a heavy cold caller. 

Cold calling is a heavy lift  and a time suck. 

There is also the exit when you sell the property if it's in a heavy student area you are may limit your selling pool to other investors.  

I do want to have an adequate amount saved still for an 'emergency fund', to replace my vehicle one day, and enough to start a small business.

Many small creeks and babbling brooks turn into torrents when the heavy rains arrive, like they just did.

.- If you are investing passively in a syndication with bonus depreciation, make sure to vet the sponsor and understand the investment vehicle before you invest.

Hi Nam and Simon, I used US Bank for my LLC financing for the auto loan (it was a secured business loan - the vehicle was the collateral for the loan) and the unsecured credit line.

It's a great way to build a cash vehicle that you can tap into at any time and the money will continue to grow for you even while you're accessing it.

He sounds like trouble.You could also change the door to a heavy self closing door.