I’m just now soaking up as much knowledge as possible on real estate investing, which in turn means I’m new to all of the available financing options.

It plants a seed about passive income. 

It's like with the seasons: There's a time for preparing the field, a time for sewing the seeds, a time for growth, then harvest, celebration, reflection, and rejuvenation.The challenge for many of us is accepting it is so.

I suppose the same could happen if you make a large investment in the "seed" stages (is that what it's called) of an up and coming business and have a say in how it is run and other decisions.

In my experience “buying” in the inner city rarely involves the exchange of cash.Regardless of where you rent my concern would be that you have planted a seed in an otherwise good tenants head.

My plan is to invest out-of-state (better deals), but doing a fix and flip or BRRR to get my seed money might work in my area.

I started by reading some real estate investing books, listening to the BP podcast, and soaking up any information I could find about real estate investing. 

Besides soaking up as much knowledge as BP has to offer and attending meetups (both of which I'll be ramping up) what other advice would you give someone in my position? 

You will also find out in real time if the real estate investing career path is what you expected.As for the kids (I have three), they soak in everything at that age and I can't think of a better message a father can send than what you are contemplating.I wish you all the best and respect what you are trying to accomplish for you and your family, @Andrey Les.

Since December, myself and my girlfriend have been backpacking through Southeast Asia, all while soaking up as much information as I possibly could with reference to real estate investing.