However, full site visits, though more expensive, maximize tax savings by capturing every depreciable asset and offer better audit protection.While online studies may be suitable for simpler properties, full site visits are ideal for complex or high-value properties.

I have equity in my CO rental; I don’t have a large enough sum saved up for a down payment yet so I’m wondering if a HELOC would be an option on my CO property. 

I would just make sure you're saving for reserves and expect that first year to be really about learning the house.

Keep working, saving money, and buy the best asset that your budget allows.

Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44). 

We started it about 3 years ago. 

I’m interested in connecting with him, but forgot to save the episode.Anyone know who this is?

Start with BiggerPockets Ultimate Beginners Guide (free).

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market. 

I could easily see you spending more than you save if you try it with a tiny house.