@Ogonna Odo A small number of my contractors have started accepting credit cards.

This would help save me some money to use on the house that is getting renovated and I wouldn't have any money out of my pocket up front for the duplex except when the mortgage starts.

I started off with house hacking a duplex in Malden a few years back and have been able to acquire 14 more units since then.

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

I went through the same dilemma when I started investing a few years ago.

Wholesaling real estate is a great way to start as you must become familiar with deal underwriting and deal sourcing. 

I just don't want to start working with a realtor and waste time and end up with no real solid prospects for buying.

It normally doesn't cost you any money to open and to be able to access that large amount of equity to buy or stabalize your current portfolio allows you so much more opportunity costs.For instance, I took a $200K LOC out on my primary residence when I first started in real estate.

Starting small with one property was a smart move, especially in a new market.

If you are not familiar with the eviction process I would start researching it for your area or speak with an attorney.