If I rent out my current primary residence, I could generate over $1K in positive cash flow, so I'm considering moving into the rental property and handling the repairs at a more manageable pace.

Investment Info:Single-family residence buy & hold investment.

Like all aspects of investing, the most important step is to do your research on the home and tenant.Review their original applications to ensure the current residents meet all qualifications.

But there is hope... if you drive through the 4th ward area, you can clearly tell which properties are owned (single family homes with kept lawns and neatly decorated) and which properties are rentals (usually a broken window or two, falling apart porches, messy yards)... the closer to the single family-dense parts in the 4th ward, the better chance you have of getting a rental property that hasn't been laid to waste that you can purchase for a fairly cheap price. 

The diverse rental market here means there are great opportunities for consistent cash flow.Arizona: Phoenix and Tucson are seeing an influx of new residents, especially from California.

We get primary residence loans for <10% down, we have the power of creativity, and if we're planning smart - we also have the opportunity to ride the wave of interest rates because we're much less dependent on adjustable rate loans.• If you want to get involved in syndications or passive real estate investing but you don't have enough in liquid cash for the minimum investment, you can use your retirement accounts like a self-direct IRA to do so!

For all you know, the owner's late mother may have lovingly chosen the décor.

I've had a conundrum the last few years since I bought my first primary residence, I was lucky to get a good interest rate <5% When I purchased this property I was very green and new to real estate but I had heard or seen somewhere on some financial blog or podcast that if you pay an extra $100/mo toward your mortgage in many cases you can accelerate your payoff date 5+ years.

I’m a huge believer in never using your own money to buy and I’ve never borrowed from a bank to buy a house except my own residence.

Even if appreciation is the same across the board, 3% appreciation on $1M asset or $3,000/month rent is a higher dollar amount than something on a $100K asset or $1,000/month rent.Between my house hacks and partnerships, I'm up to 15 doors (including my personal residence) where the last time I did a down payment was in 2015.