Quote from @Kevin Akers: If you have everything else in place (financing, permits, etc) and have underwritten the deal where the numbers make sense you can work on raising the 50K from private investors. 

If you have the time and effort to spend I'd recommend house hacking locally to you.

Clearly spending time here bantering with me is getting you pretty far in life.

Classes B and C are okay, although we will spend more time analyzing a Class C.

I’ll spend more time looking into those areas.

You could pay them a flat interest rate on the funds they contribute, similar to a private lender, or offer a percentage of the profits to align their success with yours.

I should note that that I was using Baselane's banking service to collect deposit and rent, and had moved the funds immediately to my private bank after I collected (thank god!).

If you don’t, you might end up spending more on repairs than you’re making in rent.Tips for beginners?

Look for private sales in public records or on FSBO sale sites, and/or6.

Hard Money Loans: These are short-term loans from private lenders based on the property's value rather than your credit score.