Jumping into self-managed rentals with no experience and/or limited capital is very much a sink-or-swim wager, but that wager becomes a lot less risky a few years down the line with a little more financial leeway and a lot more experience behind you.If you have any questions about the Birmingham market or what we do at Spartan, or just TK in general, I am more than happy to chat via PM.All the best,Clayton

I definitely wouldn't consider myself a millionaire just because I had a million in assets without subtracting liabilities.There's no real rule for "millionaire" status, its not a club or anything, but I'd wager that anyone with any sense when they are throwing that term around are thinking net worth. 

If your property is in Huntington Beach, and you don't have a ton of equity, I'd wager your property isn't insured for anything close the the loan value.

The Davis-Bacon prevailing wage rates that must be used when working on the set of the gov/public works projects makes this approach more cost efficient and yield excellent profits for the pre-fab co. 

I would wager it maybe is the same thing that your referencing to as "remodelers." 

Investing in stocks alone probably won't do it if you are earning an average wage. Real

Knowing that can be invaluable if you use it to your advantage which I would be willing to place a small wager that you do.

I would wager that you could do that in a matter of a year (even with seasoning requirements). 

I also saw in a recent post about Arkansas a couple of property management companies you may be interested in.Solid Rock Property ManagementConquest RealtyI plan to check out these PM groups also down the road just to get prepare in the even I need to move management services.I hope this helps.Thanks @Brian Wagers for the intro.Stanley

I would wager he doesn't have $5,000.