who used this his entire life and build a net worth of over $1 billion by the 1980s starting with absolutely no capital!  

Rentals was not a thought to me in those days I was a land flipper.. had absolutely no interest in being a landlord.. and basically still dont to this day :) yes I have some rentals for tax purposes but not really for wealth building purposes.

Hi Matt and all,I’m a transplant (former military as well) with one apartment building in the N Hills and on the hunt for the next one. 

What is your average make ready cost for the owner?

Your first deal is about learning, so focus on the fundamentals and think long-term, this is just the beginning of building wealth!

Everything in the article makes total sense...wealth building helps through appreciation and debt paydown over time.It makes sense that chicago suburbs with strong school districts perform the best. 

.: In a prior post from about 2 months ago, Kerry Malarkey and Nathan Gesner mentioned a small landlord is exempt from FHA requirements requiring the acceptance of emotional support & assistance animals if one of the following is true:"Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at once" (Quote from Nathan's reply))https://www.biggerpockets.com/forums/52/topics/1219359-pitbu...Given this, if a landlord does qualify for the exemption, what exactly does this mean? 

Wishing you success as you find deals and build connections—excited to see what you achieve!

Regardless of the type of lender you work with, building a trusting relationship is crucial.

You want to focus on markets that work with your plan and also where you have a personal connection with someone, even if you build that on the internet.