My frind in Omaha ended up picking up his second property sooner than he expected, simply because he’d built a small name for himself with one successful deal already under his belt.Are you feeling confident about the day-to-day responsibilities, or is there something else in the process that’s keeping you up at night?

Your first couple deals will be important, they will set the stage for your success.

So, it's still a viable way of investing, but does not have the same scale of success in today's economic environment in higher appreciation markets.

I got to where I am by asking those that are successful about a million stupid questions.

-To your success, the Rent To Retirement team!

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

I look forward to seeing your posts and wish you success in your investing journey

Success depends on the individual.

Hey Dan - That sounds incredibly frustrating, especially after hosting so many successful stays over the years.

I can say from having taught classes on these loans that your contractor will be the biggest key to your success.