LA in 2024 had a minimum wage of $19.33 an hour. 52 weeks at 40 hours a week grosses you $3,350 a month.

I've had several floor guys tell me this is the floor can't take another sanding..because the floorboards start to crack as they've been thinned from multiple sandings...it's also pine. 

Start with your current lender on your home and see if they will give you one.

Starting off you will not do a zero sum investment plus get other people to invest.  

Start researching price to rent ratios in areas and see which area has the best combination of cash flow/place you want to live!

I did that, but its always better to have someone guide you to start something.

Tell us a little about what you are looking for to get started!

I started and did it differently.

After doing some research, I became less convinced than I was to start with.

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.