For Example, Flips provide active income and if done properly could replace your primary income but if that's not your short term goal then you may want to do something less time consuming just to supplement your primary income.Step 5 - Take the Plunge (Take Action) - For your first deal, make sure you have double the reserves available in cash or readily available funds. 

Books, blogs and webinars should only supplement real world application.

I have done my due diligence of googling and youtubing information but I would like to supplement it with real life experience from successful investors like you.

Also, and most importantly, it will supplement his current monthly passive income.  

John Hickey hey John thanks for the kind words and yes I worked in college so far but I am planning on getting an actual on the books job to supplement the loans I would need.

Insurance isn't crazy at all - I added a small umbrella plan to supplement AirB and B's policy.Aesthetic, ability to host small families (3-4 people comfortably) and marketing will be key/everything in Levenworth.And yes, a local neighbor, or responsible HS or college kid who wants to make $20/flip is key. 

I would not rent the unit for $1,000 a month if you have that much equity to use, you could use that money to make you way more then your ever going to make renting if your looking to supplement income.I guess the real question is to figure out what you need to bring in monthly to live the way you want and once you have that number then you can move forward. 

I'm essentially coming from square 1.I'm later in my career, and am currently thinking of notes in terms of providing diversity in my portfolio, supplemental income, and providing better returns than the market.   

Owning your own home can give you leverage to purchase your next property.I know some real estate investors that prefer to rent their primary residence and enjoy the freedom to move around more, supplemented by income from rental properties. 

I don't want a bunch of rental properties, just enough to nicely supplement my other income.