You went to work, made your money, and then enjoyed your life with your family.

I would focus on saving enough money that if I had a deal go bad, then that money I saved was there to cover it. 

That’s great advice Taz, I’m currently working on saving enough money to get started, house hacking is hard for me at the moment because I just bought a house 2 years ago, I would have to sell my house(which is in a great neighborhood great location) and use that money to fund the duplex which isn’t totally out of the question, I would like to keep the house if possible but also would like to get real estate investing more.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

in cash flow would cut it for me. i'd want enough to cover the mtg, but also R&M and a little for vacancy. if i can't do that plus have a little actual "cash flow" left over.... i'm still here :) if that's any indication. 

I actually just finished reading his book and was surprisingly disappointed for a couple reasons.

Originally posted by @Jay Hinrichs:Although in the MFR realm this is not a Guru how to make money with no money..

The draw is actually this coming Fri for 2026The market for STR seems saturated in popular/touristic regions, however, if you have a unique property and offer affordable pricing, you may get descent occupancy. 

I'm on house number 4 that I've lived in and renovated, so I agree that's a good strategy (I've done it just through life, not actually a purposeful strategy). 

Liquidity is important if this is money you plan to put to work in the near term.