But, like anything on the internet.

And not to discount the knowledge that can be shared on this site, but asking the internet what to do in this scenario is a big red flag to me.I submit that you need a partner in the venture who has significant experience in this industry.  

This is only an example from a quick search on the internet and I am not saying this is The Deal.This is a 100-unit building on Loopnet.com. 3752 Winchester Road in Memphis Tennesses.

And second, telling people they're stupid on the internet is no way to get ANYONE to subscribe to your Brian Page rip off website. 

I would think that the tax's on the additional income would make it a wash.In addition you might (I'm not 100% sure) lose the 250K tax free deduction when you sell your primary residence, as it could be argued that it is ... well, a rental property and not your primary residence.When you have multiple properties and travel between them, it makes sense, not so sure on a single residence or everyone would be doing it and it would be all over the news, internet.

There's many free webinars on the internet about real estate but watch out for salespeople. 

I am not affiliated with any sites mentioned.I use Cozy.co for background checks and collecting rent.

Well I have my first Lead Geeks Amazing internet lead for $200! 

Use the internet to research all the properties available in your area. 

I am not affiliated with any sites mentioned.I use Cozy.co for background checks and collecting rent.