I also only make about 40k a year currently which doesn’t give me much buying power. 

The power of real estate investing is owning the asset.

As I often tell my students, “Refinancing is a powerful tool in your real estate investment arsenal.”Investing in Nicer Assets.

Get a powerful router that allows creating two accounts.

Network for collaboration, learn from successful investors, and discuss ROI and financing techniques for meaningful conversations with Houston investors.Good Luck!

Economics are powerful until they aren't.

We just bought a house in a highly desired older neighborhood.The owner agreed to owner finance it with 5k down over 5 years at 0% interest.We did put some money into the house to fix it up some.The rental income will cover the payments.Always ask for owner financing, the answer might surprise you.Work with money partners to do more deals.Join your local Real Estate Club and learn new techniques and grow your network.

Many people recognized their scam and left, but I feel like I should say something so that people who read this post doesn't end up in the same situation.What's ironic was although they stressed the importance of financial education in the beginning, they later pretty much told the audience "join the program, you'll have all the mentor, resource, and power team, and you can make money in real estate without really knowing anything and using other people's money".  

The BRRRR strategy is a powerful way to scale your portfolio, especially when you’re working with a limited budget and need to focus on cash flow.

Under this idea, you'd need to see if the Health dept has any restrictions for your septic system (which i assume you have) and if the power company would meter the 2nd unit separately.