Also talk to your insurance agent as you may not be covered if you’re sued as a property manager but didn’t comply with state laws.Real estate is definitely a legally intensive area.

Also keep in mind flipping houses is cash intensive and not something you want to do when your under capitalized nothing ever goes perfect or as planned so you need reserves to be able to rescue yourself when you have an issue.

Training is different,more intense, and specialized.

BRRR is more capital intensive than house hacking.

After a while the glamour fades, and the business is still time-intensive, stressful, it can be boring and unrewarding.

Wholesaling while it can be cheaper can also be capital intensive to make it worth it for most folks.What sort of range would you consider lower?

Commissions of 8 to 10% are normal especially if you want a Broker to search for hard to find properties, its very labor intensive.

Buying properties outright obviously reduces the risk quite a bit but it’s capital intensive.

In present conditions, seller’s can’t “shoot the moon” with asking prices, and buyers won’t face outrageously intense competition seen in previous months.

Real estate is a very cash intensive business and the aspects where little money is involved is not only risky but usually ends up in activities that are either unethical or against a contract.If you get approval from a landlord to notify them of your intentions, then there is nothing wrong with it, just be aware a landlord can go after you and garnish your wages should you not pay the rent trying to run a business out of their rental.This is not a path I would recommend a newbie take in real estate.