My recommendation is to save money through your W2 until you not only have enough for a down payment but a reserve for repairs as well.

This will cost you a lot of money and time.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $150,000

Cash invested: $1,500

A month ago my banker (who's is also also an agent) from my home town where I have ...

(Others would be more boring and say it’s just my money earning money.

But I didn’t need to worry–they had a lot of money!

Their ability to recover their money should you default is much lower in this position.

Was that purchase money, rate and term refi, or cash out refi?

I was able to get my money back in using business line of credit without touching or doing anything to the property.

With Laundromats the the machines are your money maker (I know duh, but hang with me). 

You can attend all the REIAs and read all the books and sign up for all the conferences, and spend all the money, and you are will never really know you can do it until you do.Over 20 years in real estate in various forms and roles, action will beat out intelligence or education or even network 100% of the time.