Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

But the rental too does have to meet the "active conduct of a trade or business" threshold, which does mean you wouldn't qualify to use section 179 if you have a rental that is managed entirely by someone else and you aren't at least overseeing it and making decisions about the management of it.I mostly disagree with the reply suggesting that you need to have an LLC to take the section 179 deduction. 

I also have a $50k line of credit I can tap into when needed that will grow as I keep growing the business.Right now my rent is about $1700 where I've been staying for over a year, but really wanting to trade that for a mortgage and start building that equity.

And I see some of my clients from years ago that I funded their first deals now on stage as the experts :) ) Which is great for them we all have to start somewhere.  

I’ll leave the higher-paying job solutions to the experts in that field, but I do believe both sides are important to address the larger issue.I appreciate your insight! 

With over 20 years of experience as a mortgage expert and real estate investment veteran, we leverage our mortgage company to secure below-market financing for our clients, ensuring maximum value and profitability.

Depending on your credit score in the US and credit trade line history, you could put as low as 25% down.

People will rent homes in that area because they cannot yet afford to buy, but hope to buy a newer home in the future and keep the kids in the same school system and around their same friends.

I am looking into REVA Global and Steller Staff currently because my best leads come from people who have VAs doing cold calling for them.

People are looking to live smaller or some are being forced to live smaller, hence the insane growth in apartments and storages.