But your perspective is very similiar to my fiance, his approach leans towards we will handle it later, let's pay what we can all the while I'm trying to cut every single expense that we can spare while budgeting like crazy to be able to put something extra towards them every month. 

Spend every spare minute reading, researching and building relationships with seasoned investors who have what you lack. 

I force appreciation through renovation in spare time and on weekends.

I'm in Los Angeles and I rent out two spare rooms in my house.

It's a good use for a spare iphone.

You're much better off though considering an apartment or house as a collection of assets with varying life spans.A 30 unit apartment will have a stove, refrigerator, and other appliances in each apartment and perhaps a couple of spares for replacements.

In your spare moment, please review the beginners guide here on BP. https://www.biggerpockets.com/real-estate-investing OK...using the 50% rule, I would not make this purchase.

Here is my situation:Starting on May 1st 2012 I rented two spare rooms in my personal residence.

A little more about myself: I am also a student working on my business degree, I love refinishing and building furniture in my spare time, and I am a proud mom of a beautiful black lab mix who just turned 1 this month!

But more to my point, if you are like me and have a full time job you know that you have a limited amount of spare time to deal with all that comes with landlording.