I bought several multi-family this way and negotiated financing terms that were better than the bank.Cody Davis started investing at 19.

Just keep everything as simple as possible in the beginning.

Financial terms.  

@Scott Trench - have you considered investing in short term rentals, materially participating, and having the average stay be less than 7 days?

STRs in Non-Traditional MarketsShort-term rentals in areas near universities or event venues are gaining popularity.

My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.

Dan,The process to create an LLC in Illinois is pretty simple.

Owning a duplex at 20 is a huge accomplishment, and it’s inspiring to see you’re already planning your next move.From my perspective, real estate investing is a long-term game focused on building equity, paying down debt, and maintaining stability over chasing short-term cash flow.

I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).

In Denver metro area, for instance, the city of Denver only allows short-term rentals in a primary residence.