"Someone who spent their teens and twenties partying."

Others pursued the high-end royal blues and greens, while the muddled masses clambered for the good "value" properties on the other two sides of the board.Fast forward twenty years and I now by "cheap" properties, fix them up and rent them out.

@Matt 'Roar' Gardner and I have a team of investor/agents with eXp Realty and would love to chat with you.

@Edwin RoAre you in California? 

(a) Except in instances where statutes or regulations provide for a2 payment, fee or charge, no landlord, lessor, sub-lessor or grantor may3 demand any payment, fee, or charge for the processing, review or accept-4 ance of an application, or demand any other payment, fee or charge5 before or at the beginning of the tenancy, except background checks and6 credit checks as provided by paragraph (b) of this subdivision, provided7 that this subdivision shall not apply to entrance fees charged by8 continuing care retirement communities licensed pursuant to article9 forty-six or forty-six-A of the public health law, assisted living10 providers licensed pursuant to article forty-six-B of the public health11 law, adult care facilities licensed pursuant to article seven of the12 social services law, senior residential communities that have submitted13 an offering plan to the attorney general, or not-for-profit independent14 retirement communities that offer personal emergency response, house-15 keeping, transportation and meals to their residents.16 (b) A landlord, lessor, sub-lessor or grantor may charge a fee or fees17 to reimburse costs associated with conducting a background check and18 credit check, provided the cumulative fee or fees for such checks is no19 more than the actual cost of the background check and credit check or20 twenty dollars, whichever is less, and the landlord, lessor, sub-lessor21 or grantor shall waive the fee or fees if the potential tenant provides22 a copy of a background check or credit check conducted within the past23 thirty days.

I’m in my mid twenties looking to enter the arena.

Not very familiar with the multifamily market, but we fund a lot of single family home inventory, which was built in last twenty years and was not rehab intensive. 

Regarding growing your wealth in general, I've got another quote: "the best time to plant a tree is twenty years ago.

May be an okay deal with standard twenty five percent down.So you have found an average deal, you have no capital to invest, and limited related expertise and experience.  

Quote from @Matt "Roar" Gardner: Quote from @Jason Edward Watt:As an agent and investor along the coast, I've also started looking at the Sun Coast (Tampa/St Pete and surrounding) -- I've found some pretty cool opportunities over!