I get a lot of questions about housing vouchers and how you determine rent amount allowed.

I got a reasonable discount on the purchase price, and it has made me a good amount of money over the years.

Local PM's can get you the most accurate rent amount for your property.

Many even include a set monthly amount.

What the DOJ and consumer advocates are saying, is that buyers and buyer agents should be setting the buyer agent compensation amount, not the seller.

I know with a hard money lender, you lost good amount of profit. 

I was specifically interested in his 2nd plan which was "Building wealth through single-family homes" where he basically says you save enough to buy your first property along with enough for other fees and then you just keep saving the money you make from that property along with some money you save from your job and once you have enough money you buy your next property and then you basically just keep repeating that until you have your desired amount of properties.

You can wipe out income in the amount of roughly 15-20% in year one with accelerated depreciation.

-Creates a solid foundation for passive income, allowing you to reinvest future cash flow into other opportunities without as much financial risk.Cons:-Ties up a large amount of capital that could potentially be used to generate higher returns elsewhere (like another STR or other investments).

I can easily get to that amount on a 3 day project.