But those didn’t cash flow as good so I threw more $ down or my lender gave me a much better interest rate with a bigger down payment.

The beauty is, you can rinse and repeat, moving your equity up the ladder of properties, from a small duplex in Austin to a bigger aprtment complex in San Antonio, or even pivot into a promising commercial spot right here in the Phoenix area.I remember a friend of mine who started off nervous as heck about his first exchange.

Welcome to Bigger Pockets.

However, I think your bigger issue is going to be putting 5% down on a small multi-family.

In total, I won't be able to rent out my unit when I need to and I won't be able to sell unless I take on a heavy loss.

Welcome to Bigger Pockets.

A lot of section 8 renters go straight to their case workers with issues like this and it becomes a lot bigger deal than it needs to be.Just do the treatment, cover up the holes, and move on.

Our property has cash flow and according to the many bigger pockets podcasts I’ve listened to you shouldn’t just pocket all cash flow but set aside a percentage to cover reserves, CAPEX, vacancies etc.

I shared my story in the Bigger Pockets MTR book actually!

Make sure you understand the basic math, what qualifies as a good investment, how to manage your investment and prevent losses, etc.I would start with Set For Life by Scott Trench.