What kind of account or vehicle would you suggest to start saving down payment money for my first rental property?

If you want to acquire more real estate I suggest more savings or sell the other property with equity. 

Quote from @Dennis McNeely: In a sandwich lease option, the investor exercises their option with the property owner to purchase the property when the tenant-buyer indicates they're ready to exercise their option and purchases the property.

In return I get a lower lease with a 5 year term before I could exercise a purchase option to protect my investment. 

I would suggest the same thing to my own daughter.Heck, I have found out many of my members at MREI paid 40-50k to one of the high end "gurus". 

Started working on the exercise above as well this morning.

New to Phoenix and hearing a lot of places for rental investments but trying to figure out from the pro's around to find what are the areas that can break-even on a monthly basis and the areas that can show appreciati...

Like Dan, we have a standardized paint (white clay by Behr in eggshell, but SW will mix it NP) Thank you for the suggestions Marcus.

I've been a teacher (5th grade and 7th S.S.) for 22 years and can retire with full pension in 3 years.   I'm a licensed builder and have done just about everything imaginable in the construction trades.  New builds-br...

Let’s break it down and explore how you might approach this idea, the challenges you could face, and ways to structure a deal that could work for both you and the landlord.Why the Landlord Might Be Open to SellingThey’ve moved out of state for health reasons and don’t have family nearby anymore, which might reduce their emotional attachment to the property.The idea of simplifying their life and pursuing something like sailing around the world suggests they could be open to letting go of the property if it helps them achieve their goals.With significant equity or potentially owning the property outright, selling could provide them with a substantial cash windfall to fund their future plans.However, their belongings on the property could signal hesitation to let go or simply a logistical barrier they haven’t addressed yet.