Depending on repairs and updates, $40K could get you close to furnishing the home, but if you want to add profitable amenities such as a game room or hot tub, it would be more. 

Joining a mastermind/mentorship program was a game-changer for me.2.

RE can be a dangerous game if you are over leveraged.good luck

Networking with investor-friendly agents will be a game-changer, and leaning on your uncle’s brokerage is solid too.Happy to connect and chat!

With buying a house hack - you quickly learn what ownership is, how to manage current tenants and pre-vet new tenants, how while you're owning the property - you're investing in yourself and not someone else's own property by just paying the landlord rent.What's fun about this game is it really does not matter how old you are when you're getting started.

Study the game and you'll be a pro at it in no time.

If so, plug your address in there and see what the comparable properties are doing.In my opinion, Airbnb is a professionals game now.

You’re way ahead of the game.

Because two things: first, if you can't save enough money to make a down payment on an investment property, you shouldn't even be in this game, and second you are going to need cash reserves to cover the infinity of things that can go wrong on a rental, which means you should already have some free cash flow coming in from somewhere to account for that before you even rent the place out.

Ignorance is my main issue but after reading Rich Dad Poor Dad I’m inspired to get in the game.