I found this approach to be highly effective.

I’ve worked with investors who have used this approach successfully, so here’s a quick breakdown of what you need to know.First off, you don’t necessarily need to own the property outright to offer owner financing.

Your current approach leaves your PL exposed to any title flaws that might arise.2.

They invest in rental properties and specialize in the BRRRR METHOD in Missouri and Kansas and the Advisors are all approachable and willing to help.

Welcome to BP @Cory M.Your approach to starting with a single-family or duplex and gradually scaling up is sound, and focusing on cash flow and maintaining reserves is a prudent strategy.

This approach allows you to ease into being a landlord while building a trusted team.

I’d love to hear from anyone who’s been in a similar position or has advice on how to approach this.

That's why I created a step-by-step approach for the investors you genuinely are trying to help, but cannot be deterred from continuing down the misguided path their mentors, coaches and gurus have sent them: 1.

While your parents may have experience and a simpler approach, even with just two properties, you could miss out on key deductions like depreciation and interest without professional guidance.

Even if you have to travel a couple of hours, you have a much better chance of finding someone.How to approach a mentorOnce you've found a likely candidate, it's time to reach out and ask.