There’s also a good mix of duplexes, triplexes, and quads, so you’ve got options for a solid house hack.House hacking is actually how I got into real estate—I’ve done two house hacks with duplexes here in Chattanooga, and it’s been a game changer.

It's not uncommon, and actually normal, for the operating entity to lease from the LLC that owns the building.

In the unlikely event that you are the exception that proves the rule, the rare 18 year old who can actually generate a serious income by wholesaling real estate, your day to day will look like the following: - You will door knock, cold call, send mailers, and otherwise create lists of people who are in the most desperate moments of their lives. 

in cash flow would cut it for me. i'd want enough to cover the mtg, but also R&M and a little for vacancy. if i can't do that plus have a little actual "cash flow" left over.... i'm still here :) if that's any indication. 

If you have a great-paying, long-term tenant, a small discount can actually save you money in the long run.

But, it's very commutable, and a lot of people working in Reno (especially South Reno) actually live in Carson City because it's cheaper. 

@Joe Michaels, What a lot of investors will do is to use the 1031 exchange as @Michael Plaks said, isto actually "acquire" additional depreciable basis. 

I purchased my first home through NACA to actually live in and I'm curious on how to build my RE portfolio from here.

You'll find that rental property investing isn't scary at all and a great property manager can actually save you more money than they will cost!

Nope......i heard of it on a podcast though.i actually have studied banking and economics for the last year and a half.