Totally agree with having at least 250 to 500k to start . and for those that want to make a living out of it.. you need 2 to 3 million.

We plan to live in one unit and rent out the others.

Hire a PM before you find you have a non-paying tenant living in your home for 6 months while you beg him to leave while paying his utilities/repairs and probably a relocation fee  I hope you sell, but good luck either way  

Just watched Bigger Pockets podcast/video about picking a market here as well as read through this article about markets with both appreciation and cash flow here.First lesson - keep the end in mind.

I haven’t went live with the property yet, just doing some TLC and addressing Items that need to be replaced/ upgraded 

I am a living example that real estate, starting from practically nothing, can take you places.

Talk to enough homeowners and you'll soon find someone willing to sell at a wholesale price, especially if the owner lives out of state.Driving for Dollars: The last method is to simply drive around and look for homes in disrepair... things like uncut grass, broken down cars in the driveway, or properties that could really use a fresh coat of paint.

I’m trying to build my Roth SDIRA with enough these notes that when eligible I can start living off the income from these performing notes without touching my other investments.  

.”- Rick and Ricky, SFR gurus“We bought this house in Toledo for $31,500 and sold it 10 years later for $34,000”:-) sorry my Toledo friend :)@James Wise and I just did a video about the 3 step process of what it takes to succeed in real estate and how "You", yes "YOU" can also buy the same green sports car that I own hahahahaGuru'd lol

Im currently living pay check to pay check.