Assuming you move forward because the underwriting checks out then you need to secure financing.Securing financing is easier said than done, and unless you have years of experience, successful projects and a fat net worth you most likely will not get financing from traditional banks or get rates that slaughter the economics of the project.

You can most likely live for free or live for half of what it would cost for rent all while your tenants are paying down your mortgage, you are getting fat tax returns, and you have an asset that appreciates dramatically, especially when levered.

@Eric Oneill If you're holding fat stacks and staring at the Poker table it's smart to learn the game before you buy in.

So they sent the notices there - fat good that did me, the tenants never told me I had mail. 

If I thought like that I would be a wage slave with low net worth rather than FI at 22 and took off nearly 2 years with the births of my two sons and now near fat FI in my mid 20’s.

The answer is a big fat NO.

To combat these challenges, we either need to scale quickly or purchase properties with fat margins that allow for management inefficiencies.

More people die from being too fat than starving in this country.Adding on what Nathan said, I have tenants who cashed in big from the pandemic. 

I've got a big fat 0 properties. 

they will NEVER say what they will pay.. they want you to say what you want up front in the hopes that your stupid have no clue and they will rip a fat deal.. ( you know this is true LOL)  So on this house in Balt city its rented 1000 a month worth at least 70 to 80k ..