@Andrew Hogan, @Tyler Krathwohl Thanks for allowing to share your knowledge of the area, 'll be sure to reach out to you. 

That risk is mostly related to the experience of the sponsor just as @Andrew Hogan explained. 

We love late fees.  

@Aaron Hunt @Alexander Felice @Effram Barrett @Patrick Tromley @Stephen Quesinberry @Yonah Weiss @Steve Weber @Diogo Alves @Sam Grooms @Eddie Ochoa @James Powell @Spencer Gray @Andrew Hogan @Todd Dexheimer @Tarah Fernandes @Vernon Trice III @Hunter Ambos I love the traction that this post is getting, It won't let me tag everybody but if you are interested in the mastermind group, which I think is going to be a virtual meetup call + FB group then send me a private message.

@Andrew Hogan As per my understanding (could be completely off as I'm not a CPA), if you're a real estate professional you can write off depreciation writeoffs against all income.

@Andrew Hogan I'm leaning towards starting out with a flip and sell to build up more capital, then move on to rentals for cashflow, but finding an all-cash buy to flip near me is impossible under 120k.

@Keigen Hogan Hey what are you looking for?

@Andrew Hogan bingo!

Hey Lauren,I agree with @Andrew Hogan, @John Fortes and @Neil Henderson.Single family homes/small multi-family = full time job (even with property managers)Apartment syndication (limited partner)/owning notes = passive incomeIt depends on what your goal is.

@Ryan Hogan thank you for the recommendations.