Tax and Legal ConsiderationsUnderstand the tax implications and legal responsibilities associated with rental income.

I believe there are a few unconventional approaches that work best for OOS investors looking to perform BRRRR in Mid- to lower income communities.  1.

The best way to connect and learn is to be in rooms where it's going down.In terms of captial your best bet is to focus on a primary income that cash flow sufficiently, saving as much as you can and doing something real estate related so you can get familiar with the industry.

To determine price range, the first step is always figuring our how much you are pre-approved for; and that can vary significantly when you are looking at multi-unit properties because of the additional variable of rental income that can be included in qualifying.

At that time, my friend encouraged me to get into real estate with the idea of creating passive income and wealth in future (via appreciation).

simple question to ask, are investor dividends being paid out of net operating income or reserves? 

You can't sell your account.You can only sell SFR properties based on comps not rental income.

.: Quote from @Jay Hinrichs: having been a back room vendor for Montelongo  Vertucci  rich dad poor dad.I got to interact with hundreds of students.. its like anything RE related only a little worse than say RE agents .. 20% of RE agents make 80s of the income

It does not include the rent income, just the appreciation, it is about 11%. 

Locally my observation is that the need is more for low income young and working vs college student.