This was at most a $500 to $600 vehicle and you would have to have been looking for one that year and model for it to be worth that.

I've decided that real estate is going to be one of my vehicles to WEALTH.

Instead, they let the turnkey company and/or the management company deal with the property and the residents, which is where headaches can occasionally come from (for example, rehabs, maintenance, leasing, collections, etc.).That said, at the end of the day, the numbers need to make sense to you since it's your money.If you haven't found the right investment vehicle yet, just keep looking.  

I do believe that real estate is a vehicle to financial freedom and I am excited about learning all that I can about it.

Real estate is the vehicle used to take people to their dreams and desires, it's the subject of the product but it is not the product itself that is sold.

There are certain techniques and strategies needed to do well in these areas, but I would only use this vehicle for a short term investment (3 to 5 years)!

For about a year I kind of stagnated because I was focused on paying off my vehicle but I continued to read books, listen to podcast on BP and chat with other colleagues who were interested in REI.Fast forward to this summer my car was paid off my stocks were doing pretty decent but I still had made no real advancement in pursuing my goals of purchasing a property.  

Feel free to add anything or comment your opinions...To Survive Over The Long Run Managing Your Buy and Hold Investments:Understand that your business is to provide quality housingUnderstand that you're looking for quality tenantsUnderstand your goal is to satisfy your quality tenant so they keep buying from youTenants are looking for convenience and superior comfortGreat value within the areaThe Process of Buy and Hold InvestingPrepare investment property for rentalMake a decision on your exit strateg(y/ies)The better the neighborhood/area, the better your security to hold the property for cash flow versus to flip it (generally)The better the neighborhood/area, the faster the appreciation (generally)The better the neighborhood/area, the smaller your profit in cash flow (generally)Staging is an option to consider as well when preparing to get the property ready to marketDoes "The Thinking" for the tenant and helps them to picture themselves living in your homeMarket rental propertyCraigslist is a good marketing vehicle to use when marketing your property to tenants...

Real estate is a wonderful vehicle for this.

You can change beneficial interests very easily which makes them the perfect vehicle for wholesaling.