@Donald Capwell  profit aside.Rehab loans  =  Easy dime a dozen most anyone can get one. ( unless your just starting have no credit and no money) New construction loans =  very difficult and most folks cannot get one. ( Even if you have great credit and money banks want to see Experience and lots of it normally)depending on sales price at exit net profits tend to be 10 to 15% of gross.Although like one other posted about simple cheap mid west starter homes and making 10k a door on those..

In my capacity as a Loan Officer and a Pro-Bigger Pockets member, I personally have gotten a chance to meet and help many people around the country with their residential and commercial loans; I am confident you will have the same opportunity to meet new people and network with like minded people.For starters, I suggest that you look around for meetups in your area, here is the link https://www.biggerpockets.com/forums/521-events-and-happeningsAside from a ton of literature this community also offers a ton of free podcasts that have been extremely helpful and educational.

If we don't buy our dream home, I can buy a cheap starter home @ 5% down owner occupied, and then upgrade/buy an additional property @ 5% down every 6 months (and move-in of course), and so on until I get to 4 properties.

Hi all,I'm based in Los Angeles looking to invest in a starter rental property in Seattle. 

In my case I was forced NOT to listen to the naysayers because I HAD to make a move away from renting to buying and buying an over priced SFR and footing the mortgage bill was a non starter for me.

However, for starters, I want to dive into the wholesaling business and start my career there.I am ready to be a part of the BiggerPockets community and learn from you all.

We have lived here since March 2014 and always planned on it being our starter home and renting it out one day, but we now have the opportunity to make it an investment property sooner then we thought and rent it out.

Also more of a user friendly starter investment since you can start smaller and lock up nice financing. 

For starters, BP even has a Money Podcast now!

He would live in it as a primary starter home and I would own it as part investment.