It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

Thanks for coming out and joining us - we have some new events and workshops and training that we will be adding shortly - look for a couple of virtual workshops a month and a get started training program to be implemented before the end of the year. 

The benefit to these is you get your foot into the door without a ton of capital and as time goes you can move out and cashflow on the property.

There’s a ton of investment pouring in, job growth, and a growing demand for housing.

With patience, resilience, and a willingness to learn from experience, you can overcome these obstacles and set yourself up for success.

And as I explained earlier, your investment is protected by real property, so your risk is extremely low. 

It is very important that the Wrap Mortgage is written at market terms using a knowledgeable attorney, an RMLO, and a servicing entity.These have risk and I'm not saying a new investor should go out and do them. 

. - Despite 3 tenants in under 3 years, it has done very well for us and has only been "vacant" for 15 days in that period, and has great cash flow, ~$1000/mo due to ~50% equity in the property, and a low covid-era interest rate. - I have been saving ALL of my cashflow into its own account to accumulate to buy the next rental (totaling ~$24,000).

You could build a crazy amount of wealth and a great career doing that.

Go straight into focusing on creative finance, subject to, and minimal cash down deals and build from there.I want to hear your thoughts on what direction to take here if you were in my shoes given these constraints (full time job and a few thousand saved) and you want to optimize for passive income first, then value appreciation?