Study the problems landlords face, learn how to handle them, create policies and procedures, and get ahead of the game.

I too am from louisiana and just getting into the game.

It seems you just need that first investment to get into the game. 

So it’s definitely a numbers game and making it work for your strategy.

It's also possible to participate in a 721 exchange where you might transfer the capital into an investment vehicle such as a syndication if you still wanted to participate in the real estate game without the tax hit.

To put it simply, I’ve been told that I do not have enough skin in the game myself in order to cash out some equity.We bought the seller financed with only a $30,000 down payment.

They try to game-plan as many scenarios as possible.

That changes the game significantly. 

I have been out of the game, personally, for too long and ready to get back.

New to the group, but was in the game back before the 2008 recession.