Out-of-state investing makes the most sense for me—it’s impossible to cash flow anywhere near me, and moving wouldn’t make sense because I wouldn’t be able to earn the same wages or find the same kind of jobs.Before this purchase, I already owned two properties: a long-term rental outside Houston, Texas, and a short-term rental in the Sierras in California.

I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.

I was out of college (just earned my degree in Culinary Arts) and was constantly running out of money.

Normally, you need to earn no more than 80% of the area median income to qualify for those programs.Speak with your banker or broker and good luck!  

The workshop shows how SDIRA owners can earn double-digit returns by owning real estate as a bank. 

You will still earn on them. 

Not worth it if you have to feed the thing.But again, what are your personal goals to investing.

But let HIM earn it.

A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.The downside of using FHA or a FHA 203k is you will need to live there, for a minimum of one year (to satisfy FHA Requirements); AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC.

Then they receive the money and you still keep your money and earn money on it.