Here is an example of a recent project I was able to fund.Purchase Price- $35,000Rehab- $30,000Arv $100,000We funded $25,000 @ purchase and $30,000 for repairs for a total loan size of $55,000.If you're living in the midwest I think that there are great opportunities to purchase 2 to 4 unit properties and rent them out I would stay out of Illinois the tenant laws are not favorable to you as a landlord.

I'm currently renting the house month to month to a traveling nurse who's supposed to stay through November.A water mitigation crew came in and tore out some drywall and dried everything out and then a sister company then came out and gave me a quote.

Starting smaller might help you gain confidence and reduce potential stress.In your situation, if you're comfortable hiring a property manager to handle day-to-day operations while you’re working in the oilfields, going for the 4-plex could make more sense, especially with your high income.

But I just realized today lenders may not lend to me if I do not have experience as a business since I only just opened an LLC but no business done as of yet.I'd say my goal in real estate is to generate at least 15k monthly cash flow to live more than comfortable and quit my job in the next 10 years (I am 36). 

They will dress modestly with comfortable clothes, and some of them are real estate brokers. 

As a note, I am active duty military, scheduled to deploy sometime next year, and I have plans to rent out the unit I am staying in once that time comes around. 

At the same time, I fear that a new tenant might stay there for ever and interfere with the sale at a future date.

I've been in software development for over 15 years and leaving the 9-5 to stay home with our son.

Hey @Alecia LovelessI've actually been down this road myself and it really depends on how often you're using the equipment and how comfortable you are with maintenance.

I fell into it accidentally, but decided to keep it in order to allow the residents to stay and not be displaced.