Avid reader of the posts and blogs but haven't participated otherwise until now.

I hope some of these ideas will help you the reader - it is OK to call if you have questions or if you want to do an auction deal in your community.Bigger Pockets is a great place to learn these exciting money making ideas.Charles

I am very very VERY hesitant to renting simply because of the idea of managing tenants, but if the deal and strategy really is that great, then I may have to change my mind.My idea now is to purchase a two-family/multi-family house in distress (with an FHA loan, unless another more beneficial option is available - which I would love to hear from the readers about), rehab both units, rent one unit and live in another, then "refinance" the property. 

BP readers,Thank you for reading!

I'm attaching this for readers who are interested in DFW and tips on vetting sponsors.http://247wallst.com/economy/2017/02/27/the-texas-...https://www.biggerpockets.com/blogs/9145/53959-vet...

He seems to be highly experienced and willing to share his secrets for readers success.

A word of caution to readers: if you are considering something like that be sure to do further research and read opinions and studies or independent parties (many studies and marketing out there is by companies who sell those products and are biased and you have to exercise discernment to sort out that junk). 

I'm a long time reader and a first time poster, I've ran the rental calculator and determined that my costs would be around $120k annually all-in.

So I'm a long time listener and reader of bigger pockets.

I hope the reader's understand my question, and any information is absolutely appreciative.