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.

Memphis also has a diverse economy and a growing job market, which helps stabilize rental demand.Moreover, Memphis has a strong rental market with a high percentage of renters, which aligns well with a long-term passive income strategy.

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

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

That changes the game significantly. 

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

Inside, offer luxury linens, a fully stocked kitchen, and entertainment options like board games, a smart TV, and Wi-Fi.Welcome Guide: Create a welcome guide with details about the property, local attractions, dining options, and house rules.