My first property was a duplex, and then a year or so later she bought her house, and we moved in together living in MIL suite basement and rented out the rest of the house.

Once you graduate and have a steady income, consider house hacking as a beginner-friendly strategy—buying a small multifamily property, living in one unit, and renting out the others to offset your mortgage.

Just in this thread I'm seeing a lot of people who are setting up their listings in a similar way so that the Airbnb brand account could live-on with the property. 

I've seen landlords live in blissful ignorance for 5-10 years due to dumb luck, then their world comes crashing down and they lose everything.I have a book, there are some in the BP bookstore, or you can check out one of my personal favorites, Every Landlord's Legal Guide by NOLO.

I'm Ashley, and I live in the DFW area.

We lived in the property for 2 years and rented for 2 years to tenants, so by selling now, we ensured that we could avoid capital gains taxes.

live-in-flips are a great option too!

Unfortunately most CPA's have not lived through more realistic income tax bracket environments such as the 50s 60’s 70s and 80s……so what I’m saying here is not something that most investors, business-owners, high net worth families, or REI investors are thinking about.

I change out rugs a few times a year in my living room.

Many investors start with a multifamily property, like a duplex, as living in one unit and renting out the other can offset your mortgage and reduce vacancy concerns.Take your time running the numbers and researching neighborhoods—you're off to a great start!