Where single family rentals weren't exciting to me, building and developing land and redeveloping old spaces really intrigued me.

In my experience, very few of them were happy.. as a matter of fact most of them were fairly miserable, didn't get along with their spouse or kids, treated workers like they were second class citizens, etc.

(This works best when you or your spouse are RE pros)4.

Purchase price: $267,000 Cash invested: $70,000 Single Family Home in West Hartford

We have to assume the loans for the homes we each were awarded and remove the other spouse or refinance the loan.

I am now looking to buy my second rental but I have been looking at single families because the deals seam to be decent. the prices are surprisingly cheap over there for a single family averaging about 200k.

Then you restart this process with your spouse's credit lol.This path is hard, but doable.

Purchase price: $310,000 Cash invested: $68,000 Single Family Home in West Hartford #2

My spouse already has an account so for both of us to use it is $556. 

@Iris OlivasWe have financed single-family homes that were under $100k and we have also bundled some of these sub $100K properties together for commcerical loans.