If your goal is financial freedom, you'll need a rental income that can replace your current income and must increase fast enough to outpace inflation.Inflation increases the cost of goods and services over time, effectively reducing the value of your money.

Because my first CPA was a tax filer, which means she was very good at filing my taxes but she couldn't give me strategies to reduce my taxes.

Even if you have money for the 20% down, it's not wise to spend your last dime making that down payment and leaving yourself vulnerable to losses from a bad tenant or maintenance costs.If you want to be a successful investor, increase your earnings, reduce your expenses, save up, and buy wisely. 

@Basit SiddiqiAgree for example would you rather have 13% net but deal levered 75% or a deal no levered at 8% net.On a 100k investment I would take the 8% deal every day as I will gladly pay an extra $5,000 to reduce my risk substantially since in option 1 the deal can go to zero in option 2 realistically it would be really poor management if it lost more than 10-15% of your capital.

He seems to suggest starting with a property that requires light to moderate repairs, reducing the risk associated with the investment.

.- Buyers earn a reduced yield but hold a valuable option.Much in the same way that equity yields are reduced in up markets when bought with put options.How often do you buy/sell debt with put options?

3) If you went the LLC route, how much money you would put into the LLC to significantly reduce the risk the EPA and Arizona's environmental agency pierce the corporate veil.

But we have never felt more strongly that this is the path for us to "reduce the noise" and be in better control of our collective futures.

It's even doing better than Columbus, OH, which is starting to fade.Detroit's focus on removing blighted buildings has been key to its renaissance, reducing inventory and improving neighborhoods. 

The reason for this reduced value is because the buyer pool is substantially smaller.