Do you want to be solving tenant issues, buying properties, problems at work, etc. 

Buy in an area you want to live and renting to the people you want to rent to.

That does not require employment or job seasoning instead it uses the rents to qualify and you can take out up to 80% LTV cash.Use the cash to put down on the next 1-2 or more properties as long as the other properties are debt servicing themselves it opens up more opportuities to buy more future assets and increase your passice income.  

They are sure cheap to buy and build up.I thought of building a place out of a part of a 747.

Don't buy those types of homes, they will take a long time and not sell for what you were thinking it would sell for! 

Fico while they will look these are not credit score driven loans like those buying rental houses or houses to live in...

Investment Info:Single-family residence buy & hold investment.

Ignore seller finance for a second...Can you buy a house, put 20% down...yes.

Myself and a friend are looking to get into investing in buying hold single-family homes.

The point is that most of the books and gurus out there will sell you the dream and get you hooked on buying into their programs without giving you all the nitty gritty details.You're running a business and must treat it that way.