Find an older one who'd rather sit back and get the interest than the higher return higher involvement of another flip.

I knew this 4 years ago and decided to build my real estate portfolio to get enough know how to finally get involved.

Budget Wisely:Make sure your budget accounts for the purchase price, the cost of the renovations, and any additional charges involved in flipping a house.

Account Closed Hi Rhonda, If honest I spent about $8,000, some say its a lot, (my parents did) some say its small when compared to many programs out there, either way I took a leap of faith and saw the potential it had for my future.  

I'm currently exploring opportunities in real estate, particularly in accounting roles.

I'm involved in too many things, but that's what happens when you have a family and kids to support.

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

I operate 14 properties from the same checking account.

We even had to do a lease back to them while the carport situation was being finalized.There is definitely some luck involved with every deal, but I think as investors we can create our own luck as well based on knowledge and experience.  

This is a very common way for people to investing using their retirement accounts.