***********************************************************"Subject To" is not the place to start an investing career.

Building a new duplex to start my real estate career.

I just got started with my career so I have a low income relative to property prices in my area (Seattle area) property prices are about 10x my income  

However there are also those tenants that I see are getting to raise their kids in a much safer/nicer neighborhood than if they didn't have it; and I have seen some people be able to move up in their career and their portion of rent get higher and higher, over the years, until they got off sec 8.

The thought was for the first 10 lines to be filled out for two deals side by side to show which investment was most suitable and the return throughout the deal.

Thanks AgainI making a career change to Real Estate Investing and still learning, also looking for multiple streams of income in real estate investing, as well as trying to learn all I can, if anyone has insight/directions it would be helpful.

You may not be able to pull out your money on the refinance, but it will enable you to learn the skills needed to do a BRRRR with hard money later on in your career.

I am currently looking for another job but most that are in my career are 3hrs away.

Agree the idea that one can live off of rental income long term is nice but not too common.to me passive income is a place holder to allow you to control the property while is goes up in value over time and once that happens then decide if its a keep or roll into something else.So to me  you either make transactional income in the RE bizz while you grow your passive portfolio or you keep your chosen career while you grow your passive portfolio.The idea that Hey I get to 10k a month and I am quitting and will live the rest of my life on this money to me is not a long term strategy that will play out.. 

We've been looking into acquiring suitable properties with our agent but the issue we're running into is the licensure specs (Maryland) contemplate owning/leasing the property before applying for a license (background - grandfather started the process 8yrs ago but deal fell through - given his professional status he was able to waive many of the licensing hurdles so not concerned about hiccups in the process).