At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

Ben Franklin used similar advice to turn an enemy into a friend (although his was asking to borrow a book).There are some caveats here, you cannot be wasting time thus you need to demonstrate that you are taking action. 

His agreements to produce websites, venture plans, private placement memorandums, white papers and coaching give him zero liability or responsibility to honor his commitments.

We probably would have renovated the main house also, and turned that one into an Airbnb if we had really thought about it back then.

We bought a new build years ago (and sold it 3 years later when the market turned up) and our TOTAL cap ex was $550 over the 3 years. 

At one point they fell behind by $2100 but has since caught up and paid me but did not pay the electric bill and it was turned off.

With the extra cash flow, you could strive to acquire additional income-producing properties over time.

If not, here's what I'd suggest instead:1) Get your real estate broker's license as soon as you turn 18.  

You can probably start the education process at 17, then apply for your license once you turn 18.

Thankfully, I come from a close-knit family who believed in me.That second investment turned out to be a game-changer.