I definitely don't want to be associated with a guru that is trying to rip people off with a get rich quick scheme. 

There are other loan options out there besides FHA just as a heads up (5% and 10% down without having to pay the high "costs" associated with FHA loans).Each person has their own take, but if you are going in as an owner occupant I would personally advise trying to find not only a 2-4 unit, but a 2-4 unit with at least one current vacant unit so that everything can be a little bit more straightforward on the purchase.Also, if you do go the FHA route, the 2 unit one might be your sweet spot. 3-4 units have a self sufficiency test that doesn't usually pencil that easily in the Bay Area.

Considering the fact that you have laborers assists the fact that you can save on self-employment taxes.Please be wary that creating an S-corp has initial set up fees and fees associated with its upkeep(annual SOS fees + annual tax returns).

They are a national association that has both regional and national conferences.

@Paul Yousef You need a new CPA, and new associates to network with, there is alot of opportunity in your area, Detroit. 

The plus version allows for class tracking, which enables you to associate a transaction with its respective property.

We use a PM to minimize our associated work so STR is work with the tenant turn overs but I think the additional income will justify the work.Good luck

I recommend that you join a local real estate investors association and watch the Bigger Pockets podcasts.

Simply mentioning a lot of people wanting to invest in real estate is mostly anecdotal and shouldn’t be considered evidence as to market timing.Now if you can point me to quantifiable data such as social media mention about real estate investing over time, then that’s different.

Need to check the zoning laws of the neighborhood Also need to know the laws for running a boarding home, permits and licenses associated with them as well.