I exclusively work with out of state investors like yourself to help them find some great properties to start/build onto their portfolios in the Memphis market. 

Hello Frank, I think house hacking a small multifamily property that you buy with a low downpayment is one o the best and lowest risk strategies that you can get started with.

I would suggest starting with what types of investments you would like to get into and goals.

Here once you start passing $1500 in rent your pool is getting pretty shallow. 

My goal is to build the capital needed to start investing in Real Estate, and I felt this was the best way to get there.I spent 6 years as a project superintendent with a commercial builder, followed by 2 years as a construction manager in the track home industry.

@Jules AtonWe have started marketing to our guests as it is cheaper to keep a customer than to find a new one.

If this roof leak started suddenly during a storm and damaged the ceiling spontaneously you may not have much to go on.

What I find to be most valuable: Ease of use, cost-savings and efficiency and here's what I mean: If using an interior designer to furnish your rental, they will hand you a list of supplies + furniture to buy and what I was able to do with Minoan is upload that list as a CSV file and then they come back with a quote of all of the items they can fulfill along with their respective discount. 

They would get that $500K tax free and the rest of the tax would be deferred in the 1031.A very elegant solution that puts $500K tax free in their hands now. 

I've been in real estate for the past 7 years, and I got my start like so many other investors through reading Rich Dad, Poor Dad.