Eventually, if you are trying to get hard money or a credit line, this becomes much more of a factor.

The rent premium usually doesn’t go towards the eventual purpose.

@Alex Saloutos I would strongly consider getting educated on private money borrowing and eventually doing the deals yourself.

thank you.i've been reading as much as i can get my hands on for about a month now. that's just a base; i find talking to folks involved in this area to be invaluable.fortunately i've built a team in the past before i even knew that i'd be getting into this. i have a broker and lender at bat already. i'm looking to expand on investment partners as well.our goal (my Wife and i) is financial freedom - eventually. i'm 37 years old - and starting now is better than nothing!

Eventually you need to dive in just don't do so before having an understanding of what you're getting into.

The name of the game for banks and lenders, unless they're servicing the loan, is to do a loan that can be guaranteed against default (Fannie Mae or Freddie Mac) or do a loan they can get rid of to the eventual servicer at a profit. 

I’m really looking at this as a way to eventually bridge my career out of health care and into real estate investment and to begin to build a future for myself and my family as I just don’t see it happening punching a clock day in and day out.

Renovating the bathroom and kitchen, and then eventually renting the property nightly

Renovating the bathroom and kitchen, and then eventually renting the property nightly What was the outcome?

We are so incredibly new but ready to learn all we can to help supplement our income and eventually be able to live off the passive income and not worry about a thing.