I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

It's time consuming.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

With my young son, full-time W-2 job, the fact that I have been consuming a lot of educational materials until now, I just haven't been able to get everything on paper.But as I finish up The E-Myth Revisited, I think I feel comfortable enough to start putting everything to paper, start getting out into the area, and lining up some funding alternatives.Wishing everyone success!

Then follow those concerns with solutions, such as having a system in place for tenants to make maintenance requests (including in emergencies), why all of your spare time won't be consumed by these investments, being properly insured against hazards, etc.Your wife doesn't have to be passionate about real estate like you are but if you address the concerns upfront, it's much easier to get the ball rolling in the right direction.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

Meaning 10k turns into 800k by retirement - that is truly powerful stuff.Once you have a good portion in the markets and a healthy savings account then dip your toes into RE!

Quote from @Robert Nguyen: Hello,I was approached with a Off market deal for a small property in Anderson, 2/1 700 sqftThere is a M2M tenant paying a healthy amount in rent, I was going to just pay cash for this place, it is well under 100k.The plan was to collect rent until they decide to move out and then spend a little bit to update/renovate even though it looks pretty good so far, and then flip it for 110-120. 

My issue, is that from a consumer standpoint the industry perceives to switch from residential to commercial at 4.

According to Jamie and his team, the STR market is healthy, strong, and sustainable at this point.As an owner of STRs and advisor to clients who are also owners, this was a refreshing listen on BP.