It may depend on region (and that my day job isn't lucrative), but where I am hiring people is incredibly expensive.

@Liam Goble That was an incredible Buddha like response.

There are some incredible opportunities in Detroit if you are familiar with the neighborhoods and knowledgeable about future developments.  

So, on a cashflow standpoint, this is not a great income producing investment.On the other hand, the developments at Springfield Town Center is very likely to make the area pop.

Its like many other "get rich quick" schemes that sound good on paper, have lots of people willing to separate you from your cash, but end up producing no returns for most of the folks who attempt it.

Kay H.I am not a marketing expert, but what I do know personally is that the odds of me earning passive rental income are greatly diminished if I don't invest in inquiring the rental income producing asset.

I want to see how quickly you can get to 20 solid cash producing units, because I have a feeling you'll get there quick if you really want it bad enough :)Hope to watch you grow as an investor, keep us posted!

I did it back in 01 to 05) Stu fox on this site did it as well.but you need a boat load of capital behind you and its far more risky than being a RE Agent and or top producer..

I feel incredibly lucky to live between Alaska, which is glorious in its own right, and this province.

After that you can reduce this because you'll 1) have significant reserves, and 2) have multiple properties to produce income.