Moreover, I would recommend prioritizing a W2 position over 1099 self-employment/sales for two reasons.

I have first hand experience as an investor which has been positive. 

I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month. 

But a quick google says Jessica Miranda has had the position since April.

@Pranav PatelStarting your real estate journey with $50K saved and a strong income ahead is a fantastic position to be in.

its crazy how he has put accounts in here with only 1 post to talk positive about pace morby's mentorship, this guy is such a scam and I am not the only one exposing him... 

Back when we started virtually everything had positive cash flow but I was lured by the seemingly higher cash flow associated with class C.  

Use a payment processor to pay the original note and any wrap if there is a 2nd position secondary note that pays the seller the difference between their current mortgage and the total sale value. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

They don't tear things up, they don't party, rent is generally paid early, lots of positive attributes!!