Buy new properties in existing funds while trying to sell off the dogs or get the fleas off the dogs.4.

We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.

Cover around 65% of mortgage Lessons learned?

Enough immediate cashflow to balance out the mortgage, taxes and insurance.

It puts you in a position to learn the market, build connections, and spot deals before most people even know they exist.

This is making my mortgage payment go from $2,293 to $3,308 per month. 

Quote from @Andrew Steffens: I am curious what products exist?

For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.

True, but (a) they were typically experienced investors, and (b) today's market includes record prices and high mortgage rates, which is a double whammy. 

Even better, I might be able to snag it well under market value since it's an estate sale that's been sitting on the market for nearly 200 days.Here’s the challenge: while I could afford to purchase the property under market value, I’d be stretching my budget thin to cover the mortgage during the period I’d be remodeling the basement to make it rentable.