There are several ways to get this done but it is more labour intensive and the payoff is you get your equity without having to put the money in yourself20% down and rent straight away - this ties up your capital but it's quicker and simpler than rehabbing and you'll find deals more easily - you can still aim for good deals or you can turnkey but you won't be as restricted as you would if you need to BRRRR but the downside is you won't have as much protection against losses as you would if you had BRRRR'd the equity into the dealThen you would drill down to think about the actual numbers you need within your time-frame to be able to achieve your income goals - for example I need 1-3 units a year @ $x per month cashflow for 5 years to get $X per month Given that I have $150K and I plan to (insert financing strategy)I would need to buy 3 units a year at $X purchase price.Then you can decide on your three market areas.

I am going to “scale” this business so that I own 1/2 of (insert midwestern or southern town).

I want to insert comments on a few of the above statements. 1.

Hi, I am the 300th person who came into this forum that heard about a book/course/ blog/(insert source) about a really clever way to make lotsa money.

They used to issue glossy brochures as inserts to real estate magazines, which were actually very light on articles and very heavy on insert ads.  

It's actually required in a lease to insert this policy. 

When Memphis Invest sent me their pro forma, I just took a couple key numbers from it and inserted them into my own spreadsheet.

Online bidding is much easier ... maybe the lender inserts bids ...

When you pull your list use this criteria,Under Geography pick city state and then use dropdown to find BostonThen under Property choose bedrooms then  insert 1-3now pick Last market sales date and change dates to 1900 - 2010now pick Equity % and choose 30% thru 100%Now pick Property Type and select SFRnow google Median Sales price for Boston ( or the city you want) and pick Trulia from the resultsNow go back to listsource and choose total assessed value and insert 1 to 357000Now choose options and check on Absentee Owners and check on exclude Trust Owned propertiesnow go to Purchase list and check on Remove Duplicates and youre done..

Also to add, we know you needed a job change so it isn't about that either, it's soley about how'd you come to setting your sights only on wholesale vs (insert million and one ways to make money in real estate).I've (rather unsuccessfully) tried the other routes part-time for close to a year now.