Your income will determine how much you can borrow and how much you can save.Unless you are doing something like flips (high risk, and potentially high reward-note potentially as it can go horribly wrong), you aren't going to accumulate a lot of wealth quickly with real estate. 

Investment Info:

Single-family residence fix & flip investment in North Charleston.

Purchase price: $90,000

Cash invested: $25,000

Sale price: $155,000

Great first-time flip. We added square...

Shiplap walls bring farmhouse charm to every room.

Shiplap walls bring farmhouse charm to every room.

I guess the good debt is a higher risk reward on the rare massive housing market crashes (which is something that doesn't seem to affect property in Aus - we have been rising for the last 25 years).

Prospective Tenant #1 who I have had all the contact with is polite, and charming and got his application to me the day after I sent it to me.

However, if you have the means, commercial can be very rewarding once you put a property on "cruise control".Just one person's opinion, but I hope it helps!

Surely you can find someone who can perform an appraisal on it, but would recommend thinking hard about the risk vs reward of this property. 

PHEW! Finally closed on the sale of our flip yesterday after being under contract for 60 days! This was our biggest rehab yet, with many subcontractors and moving parts. It was our first flip with cesspools, undergrou...

They seem to be keeping up the yard outside—the reward of getting this property at a great deal out ways the risk.