That tenant who is heading to jail may have a nest egg to keep making rent payments while doing time.

Dear Community,Struggling for my first deal, today while 'driving for dollars' I found some properties which seem vacant and also need some repair work. I have the addresses but I need to know the next step. I think, ...

As others have recommended, you definitely should have a nest egg or other source of income before going cold turkey as it could take some time to get the cash flowing in real estate.  

Within the last year we purchased one 4-plex, two duplex's and finally our own little nest egg for us to live in downtown.

For one, you want an extra nest egg to cover unexpecteds.

That would be tremendously valuable to me and allow me to buy other properties and have a nest egg for repairs and maintenance (though I plan to save 15k out of my primary residence for this purpose as well).

If they have old fashion thermostats switch to landlordstat or nest.

Pretty good economics on Deal One as the payment is fully covered by the rent, allowing us to build our nest egg.

You'll get the nest one.

I decided to start this journey with the intention of creating nest eggs for our four young sons, who mean the world to us.