Then eventually repeat the process until we hit our goal of 5 multi family homes that all cash flow over the mortgage rate.At that point I’ll pay off as many as possible and then continue the strategy with nicer property’s or Adventure my way to commercial apartment type of properties with six units or more.

We currently have the 2nd highest foreclosure rate in the nation and uncertainty with changes in the casino market.  

My name is Joe and im a 23yr old accountant in the beginning my real estate investing adventure.

Had a fun night with my partner and an old partner who wants to join us in this new biz adventure.

That offers many ways to make money too.Best of luck with your excellent adventure!

Thanks again Chris Mason for taking the time, that is extremely helpful knowledge for this new investor.Al Casino , also a very valid point.

Network with BP investors done with REI adventures and selling their portfolio in the markets you are interested.Good LuckVivek

Pass the buck to the next guy.If you have enough capital to survive these adventures you will probably make out fine because the fundamentals are still great.

If you are feeling adventurous you can carve a basement apartment out of a one unit house, but prepare to work for it.

The local govt has a history of corruption & overspending.Last time I was down the Hilton Coronado had shut down its casino.