Buy a 4-5 bedroom if your budget allows and rent rooms.I have another strategy I can share with you in person as well. 

It still wouldn't be enough profit to do this full time without another job.I see lots of people online who have quit their full time job and are doing Real Estate Investing only, buying new cars, being able to travel and I am wondering if this is just their "online persona", it is because of the amount of properties they have that has given them this financial/work free freedom or I need to find somewhere else that would give me a larger return.Either way I am still moving forward on my journey :) I was just curious because that would be my dream goal to not have a 9-5 and my investments give me that freedom.

If a wholesaler screws around town, the big players will learn that very quickly and will stop dealing with the person. A

For each of the personas (enclosed), we have a different action plan. 

Quote from Account Closedhary Jensen: Hey gang, One thing ive heard alot from folks lately about is how they are having their spouse qualify as real estate professional status, and getting the hours for it via having them "manage the property manager" and review financial statements (known as investorAccount Closed I would be interested to hear your take on what other things can make a person a 'real estate professional'?

It needs to be your online persona, your identifier, your alter ego, your business card.Follow up NINE times?

(In TN, a PM firm may be owned/run by an unlicensed person - as long as there is a licensed broker registered for it with TREC.

Units like those obviously aren't considered "affordable" housing for the average person, as the engineering costs alone would be incredible.

@Mike Hern Hi Mike thank you for getting back to me. i did ask the person (a realtor who was at the auction who told me about that stuff after i had placed my bid) who ran the title search but they just wanted to make money it seemed cus when i went to ask them they said they dont know how to read it lol or tell me if i bid on a 1st loan or 2nd loan which was i even asked for it from her. how else can i know or should i run a title again thru a lawyer or title insurance company ?

I would have preferred to continue working with the same person as they are very experienced with great resources but have no patience for unresponsiveness.