I had this strategy to live in a house, for about >5 years, till I am able to get a mortgage for another primary residency , bounce, and collect rent from the 1st house and rinse and repeat, essentially.  

I feel like this is decent just want to bounce some ideas. 

Feel free to reach out if you need someone to bounce ideas off of!

Great way to network and bounce ideas off each other.

Many accredited investors want to see your failures more than one super successful deal in order to see how you bounced back and what you have learned, as this ensures some more security for their capital investment.

There are however a few obstacles, which I am sure more people here have faced.I am looking for someone who is also starting out, to bounce ideas of.

Consider me a resource if you have any questions or ideas you want to bounce off another brain.

I also do this in advance if any planned move in or turnover, so I am not worried about a bounced check.

If your buyer isn't fulfilling their contractual obligations, your state's association of realtors will have boilerplate paperwork to give notice and, ultimately, bounce them out of contract.

I took this years return on the duplexes and bounced it off the expected return of exchanging for 2 SFH in the 185-200k range w rents at the 1600-1700 range which I’ve identified a couple markets where this is possible within 1.5 hrs of my home that I could easily self manage.