Relatively low cost means you aren’t betting the farm—really just your down payment.

That's right, only those willing to compromise.This is also why many so-called "creative financing" deals often involve low-quality properties.

In addition, you still need to meet the IRS requirements for material participation in each property or elect to group themBased on what you say it sounds like it would be challenging for you and your wife to meet these requirements unless she gets involved in more real estate activities that qualify for REPS hours. ...

Additionally, when comparing whether to build a single family portfolio or a comparable multi-family portfolio, you should also keep in mind the transactional costs involved.

- Get involved in local meetups2.

Sometimes getting involved for a few years makes you realize you don't like it.

The apt is on the 2nd floor and the furnace is in the attic.I will talk to the heating contractor about setting up a floor temp ( might involve installing a 2nd t-stat as a couple people suggested).

Buy quality assets with NON section 8 tenants that have 700 fico scores thats safe bet in the US>  And what I do ..

Add to that the fact that private financing typically involves way less bureaucracy, with reduced paperwork and fewer hoops to jump through.

Quote from @Todd Anderson: @Benjamin Ying,First off Congrats at making the decision to get started into REI and getting involved with BP.