People build wealth when they start to understand how to leverage debt in a responsible way. 

Having done this business mainly on my own, it would be awesome to connect with people who share similar interests and close some deals/JV with.Thanks!

When Investing in a new city, you definitely want to consult with a native from that area.

People invest in all classes of neighborhoods and do just fine, as long as they know what they are getting into and have proper expectations. 

I just want to see how it's worked for people who have actually gone through it. 

Michael, check out furnishedfinder.com/statsType in your zip code and you’ll get a good bit of data on what people are looking for.Then, I would go on furnishedfinder.com and look around as if you were wanting to rent a MTR yourself.

Some people swear by his program.

Typically the people who arbitrage properties are operating complex's with 10+ units at a time. 

Type doesn't matter.What gets people confused sometimes are the terms "like kind" and "qualified use". 

I only ask, because most people are not sitting on $400k cash (obviously this is just my example) to effectively buy a new house without a mortgage.