Dreams of starting with nothing, spending no time working on your business and having fat paydays are just that - dreams.

These tenants also never paid a security deposit.Before I found out about the crack pipe and some of the other issues, I had told him that I would waive July's rent if he agreed to sign a biweekly lease with auto-pay on his paydays, starting August 4, and the rent would be raised to $380 biweekly.

They waste a whole lot of your time and do not close the deal.They want possession of the property without putting a dime on the table (owner financing, I'll pay your mortgage (maybe) ...)They only want to resell it for a profit and sometimes with a rent to own buyer while you hold the title to the property and take on the liability while they collect a down payment and rent...and BTW, you were not paid a down, or rent...the investor gets 3 paydays, and you risk a trashed house, liability, eviction, everything with the hope you will sell the house in a few years.

Hi Chris,The reason you are getting so many search results about leveraging your money, is because most people that want to get started, do not have much of it.Assuming your strategy is just to go in all cash and collect passive income, then I would suggest reading a lot about owner financing.Big payday upfront and very solid cashflow for a few years.

Some want it run the first day of the month and others want to wait until their first payday of the month and we accommodate that as well. 

Not a bad payday for a low priced home right?

Send her to one of the payday loan or cash advance stores.

Potential Mentor says that because you're offering owner financing you can typically boost the sale price 10% and the interest 2% (assuming the original owner had an average flat rate) and collect 10% down, creating an early payday plus pretty good passive income.If you can't find a buyer within your option period you walk away, making the risks comparable to wholesaling.

Valuable lessons like this will certainly lead to bigger paydays and a prosperous investing career.

We got a semi late start on wanting to retire early so I am contributing the max to my ESPP and making large deposits into my fidelity account every payday.