I am completely and absolutely devoted to this and am willing to make changes and take sacrifices to get to where I want to be.I stumbled upon BiggerPockets and I am thrilled to learn about this industry.

If you don't have money then you need to devote time.

When people scoff at the extra work it takes to do REI, I always think about how much extra work (and time) they'll devote to not doing REI.

Given the limitations I have around down payment money and debt servicing, it's likely that the first property would have to be a SFH or condo and will need to come somewhat close to cashflowing; We'll need at least 1500sf to live in - hence why I believe that I wouldnt be able to afford a MF - the price would be too high to afford a place that can fit us and another unit and then also purchase a subsequent property; I am not opposed to some moderate rehabbing, but any significant capital devoted to rehabbing would eat into either the downpayment for the next house, or, if part of a loan, add to the interest payments (affecting cash flows); The location wouldnt have to be ideal, as we would move out in a year (assuming I dont lose my job)The second property we would purchase after living in the first property for ~12 months and then live in it for the next 20 years; It could be a MF, but could also be a SFHApproach 2: Purchase one property (- a 2, 3 or 4 family - ?)

Mortgage industry can be very good but like anything it takes a lot of devotion to build up your client base plus you need to be a real expert in underwriting and knowing what a actual lender will fund.Along with many lenders that do take on outside brokers they will require you to be NMLS licensed.. and  a Mortgage banker.. that is what I am.. you can pop on NMLS registry to check out any of us.. its a great site.. really cuts down on the BS guys out there. but love your sense of humor MLM is about the right way to look at this ..

I am an intelligent, highly motivated, goal-oriented beginner investor and  I am looking for one or two individuals in my area who are serious about partnering up in REI and who are of at least a majority of the following traits:Is serious about Investing in properties and building wealth NOW (mandatory)Financially Prudent / Can manage and budget high-level finances Holds a firm understanding of banks and lenders as they relate to REI Holds a firm understanding of Market Securities  Can devote sincere time and energy to REI (mandatory)Can receive and respond to communications promptly (mandatory) Has very good/good credit Has had fruitful experience with at least one investment property in last two years.

Devote the same earnest attention to investing that $50,000 as you devoted to earning it."

I am willing to devote my time and money to invest in real estate and JV deals.

With the time difference depending on where you are deployed and how much time you can devote to seeking out potential repair man or contractors and dealing with the hassle of non-payments etc. it really would be your choice.

How many hours per month to you devote to this?