Rule number 2:  The Option Consideration is NOT a deposit on the purchase, it's the cost of the Option Contract, and it should NOT be given as a credit toward the purchase of the property. 

The property must already be an investment property and you use it to purchase another investment property. 

If youre clearing 10K a month, im sure they can purchase a cash car.

I just purchased a 2 family home in the Bronx (NY). 

I've been searching for and working towards purchasing my first investment property for years and years, every time I found one that fit, other local investors with more experience, more readily available funds or alternative financing, and more connections were already writing offers while I was touring the property.

Figure what the most important factors are to you from purchasing an asset.

Learning how to manage a house you've purchased is far more complicated.

Sell the property purchased as single property as 2 properties.  

Used my deployment money to purchase a property in Sacramento using VA loan. 

My out of state clients are successfully BRRRRing and flipping here because they can find rentals around $120k to$180k purchase price.