It makes me cringe when i see folks bragging about having massive amounts of debt with a  small amount of cash flow off of each property.

The opportunities for creative financing are incredible in this city seeing as there are strong lease option and land contract demand, (tenant buyers are extremely well versed in the trades and are willing to put in massive sweat equity.) 

@Alina Trigub references Warren Buffet.

Even though I don't know you folks, I'm quite aware of the massive community and pay-it-forward nature of you folks.

The vast majority don't.Unless there's a massive improvement in treatment options (voluntary and forced), I don't see any real hope. 

I would not have done that with buying turnkey properties.Your other option is:B) Have a business that produces massive amounts of cash and you can convert that to cashflow by buying turnkeyThe problem with turnkey is it's hard to raise capital from it from private investors because of two things. (1) The returns are paltry and because you're buying them with little to no equity, (2) you have no margin of safety in case the market went down.In contrast, a good value add apartment syndication can attract big money because the returns are double digits (my project IRRs are 40% and up) and I am buying the properties with 30-50% below their pro-forma values so me and my investors have a great margin of safety.

Rent would be about $1350/mo.I'd like to make the transition into an investment sooner due to a the massive RE price increases (taxes, traffic, etc.) in our area in the last few years.

I am hopeful the gap will be more filled as the  fear of massive student loans push youngsters into tradeschools amd the workforce more and the stigma subsides as you contractors spread the word at career days👍

Hi @Aaron IngramI moved to Miami, FL 2 years ago because I wanted to take advantage of the massive GI Bill stipend for this area while getting my education and pursuing the career I wanted (meteorologist).

My credit took a massive hit, so expect that.I shopped a few different lenders and advised them this would be a 3 transaction deal and to be aggressive.