Education (K-12, High Ed, Trade Schools) 2.

Over the past week, he’s been glued to his computer, looking at rental properties, analyzing listings, asking questions about cash flow and what makes a great single family home a *good investment*. 

Both can align with your goals—just weigh the cash flow vs. upfront cost trade-off!

In 2017 I had zero debt, a good job and was leveraging my 401k… I have traded that philosophy to acquire large amounts of debt, no 401k or IRA contributions and now have the freedom to control my own financial destiny.Below are the steps I took to remove myself from my W-2 (and 30 years of working for someone else) and obtain a career as a real estate investor:Step 1 (Education): Read and listen to as many books and podcasts as possible.

Mount Airy in particular is probably the most difficult neighborhood in Philadelphia to learn and there's no way you can do so from a computer reviewing rental rates and crime assessments. 

So it looks like you trade a second lien.

@Chris Blackburn, while I can't speak to this specifically, there are a few red flags I see in your post.1: A Realtor has to be a member of the national association of realtors, an industry trade group primarily focused on your typical home buyer.  

Those duplex's my clients bought are now trading high 400s low 5s .On the flip side my current project in Canby Oregon I am alble to negotiate 1 to 1.2% for the buyers Brokers these are 700 to 1 mil each..

But that's me.To answer your question, I'm not in the business of recycling dirty money but I think it's pretty well known and established the the proceeds for criminality and the drug trade is invested in all sort of business, especially real estate.

I assume California clawback (1031 out of CA) when the replacement property is sold follows the gains computed by federal tax forms?