I'm moving to Northern VA to start my career.

Keep the majority of your money in your accounts $1.5M liquid reserves is a ton of cash so let it earn you interest.Use the Banks money to lend on a multifamily use a Fannie Mae loan its only 5% down but you can put more down to meet your target monthly payment.

Although it's not always a guarantee, many of these properties already having residents at closing, so you can start earning cash flow right away.All in all, turnkey investments offer a fantastic mix of convenience and solid cashflow.

They do serious due-diligence on each student and their goals so they just aren't taking peoples hard earned money and setting them up to be disappointed and fail.

If it takes them three hours to clean, they've earned $50 an hour.

I did take the 7 day free trial of Pro, and I feel confident that I can grow enough here to feel confident as I take my first steps in my REI journey.I spent several years in the early nineties as a real estate agent, and did well enough to be recruited by Re/Max for the last 18 months of my career. 

Assuming a $2000/Mo starting rent and a $1700/Mo expense:Year 0: $2,000 x (1 + 8%)^0 - $1,700 ≈ $300: $5,000 / $300 = 17 propertiesYear 1: $2,000 x (1 + 8%)^1 - $1,700 ≈ $460: $5,000 / $460 = 11 propertiesYear 2: $2,000 x (1 + 8%)^2 - $1,700 ≈ $633: $5,000 / $633 = 8 propertiesYear 3: $2,000 x (1 + 8%)^3 - $1,700 ≈ $819: $5,000 / $819 = 6 propertiesYear 4: $2,000 x (1 + 8%)^4 - $1,700 ≈ $1,021: $5,000 / $1,021 = 5 propertiesWhile the above is over simplified, the concept is sound.Sufficient IncomeYou'll need income from multiple properties to replace your current earnings.

I am extremely interested in pursuing a career in real estate.

I am wealthy myself so I know how hard it is to earn the money and make the money.

Hello Bigger Pockets folks,I’m an early career professional mechanical engineer (~8 years) hoping to learn the ways of real estate investing and make the ultimate pivot.