I'm not sure I would get to cute trying to squeeze every time out of it now with a lease that might cause you issues in the future, but the scenario you describe is common and probably smart. 

Over time your property value will continue to go up, which you cash out on the sale.3.

Exciting times ahead for you.Wishing you all the best.

Take your time and look for other financing strategies with less risk.

Quote from @Tyler Johnson: Quote from @James Hamling: Quote from @Tyler Johnson: Quote from @James Hamling: @Daniel Godbout Sorry i couldn't chime in earlier to lend some insight but this is first time this came across my awareness. 

A great way to get started if you currently have a W2 job is to buy a house hack like a duplex or a fourplex where you can move into one of the units and continue to rent/manage the other units.

We love investing into properties that we can hold long term and we have been fortunate enough to have great tenants through our intense vetting process that stay with us for long periods of time.

True story about my mentor- On one occasion I asked him why does he contribute so much of his time and knowledge to my journey. 

You’ve already got a solid foundation—understanding market trends, deal structuring, and negotiations will give you a great head start.I would recommend focusing on learning one niche at a time.

Not every time you want to buy a deal will there be one.