Also, a good opportunity to turn these apartments into 3BR as they have a "spare" room in the back that is currently used as a "sun room", not completely enclosed, but that could easily be.Two units have been renovated in the last two years and two would need about $60k to be renovated and turned into 3BR units.

Then spend every spare minute driving those motivated sellers to contact you with your deal. 

We are fortunate in the sense that I work 3 days/week and she works 2 days/week, so we have plenty of spare time for other endeavors.  

I started renting out my spare rooms to get some experience with being a landlord, your path will give you even more exposure!

My goal was to purchase my first investment property by my 24th birthday and I achieved my goal with 2 days to spare! 

We've started out doing a little Airbnb and we found we could probably reduce the cost of purchase by actually renting the spare rooms we will not be using. 

definitely agree, you are 100% correct on thatI just didn't know if that also applies to any random person looking to fill their spare bedroom.I don't think it applies, but then again I haven't verified anything yet

If you even have a spare bedroom in your house that is something you could consider.

If you have can spare 4 1/2 minutes, here's a video that gives a bit more detail about my situation. https://vimeo.com/249726725Update: I just locked in a new funding option: special bank loan of up to $100k at 2.70% annual interest, payable up to 4 years with monthly installments. 

My only experience as a landlord is renting out my spare bedrooms in my house to travel nurses via AirBnB.