I recommend reading "Your Broke because you want to be", then follow that up with "The Millionaire Next Door" and then "Rich Dad Poor Dad". 

I have a friend who has 50 such doors in this market.

Purchase price: $40,000 Cash invested: $60,000 We rehabbed a Historic home that was sold to us by a neighbor knocking on the door.

.- Lighting fixtures- Smoke alarms / carbon monoxide detectors- Window and door repairs- Water heater maintenance

About deeds, about financing costs about trusting when an area will likely rise in value Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The only way to modify a loan to a lower payment during a time of rising rates is to move a bunch of principal to the back of the loan.

Look for areas with job growth, rising populations, and low vacancy rates.

But larger repair items such as appliances and mechanical, plumbing, electrical, roof windows doors etc should still fall under the landlord's responsibility.

Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

If you want to try lending and do some buy&hold, then 1) find an experienced HML/Agency and lend through them a few times (they should be able to get you a decent return even after fees) & 2) leverage an experienced syndicator and join their deal as a passive investor - you can always learn about syndication through this "back" door if you will, while making some passive income and enjoying tax benefits of buy&hold investing.If you'd like to speak about it further feel free to PM me.Good luck!