In 2010 and 2011 I was finding $30K properties, but everything we bought or looked at needed work to get it to about $75K, and they are in the tougher neighborhoods.As far as financing, if you don't need a lot consider a line of credit on your primary (great flexibility), credit union loans, or friends and family loans (know anybody in early retirement?).

Allows flexible schedule and true work/life balance3.

Be flexible, don't write anything in stone as life will be full of choices and opportunities.As to education, what ever you do you will be required to learn throughout your working life, you won't be running any machine or computer system or inventing any capacitor to retain the energy from lightning without further education.

Just quit your job, find something you love to do that's flexible with time (perhaps flipping or be a real estate agent, or sell vacuums, or whatever.)I went several years full time, and let me tell you... it was HARD.

It's possible, but you have a hard deadline that doesn't allow you the flexibility to adjust your expectations like rehab projects often require.

I would be interested in doing some smaller meetings here and there, on a more flexible schedule.

I am very flexible with where I invest.

Some tenants are "keepers" and will stay if you listen to what they say, address their needs and show some flexibility.

So that's what I did - I collected the rent in person and I'm fine with that for a number of reasons:1 - it gives me face time with the tenants2 - they know I'm serious about collecting the rent on timeSo with that said, it's not that I won't consider other options of collecting in the future but I realize I need to be flexible.

If there is another member of the LLC, then the LLC isn't passed through to you.DISCLAIMER: Neither an attorney or a CPA, just speaking from my own interactions here.The LLC is flexible in that you can pass through the income to your personal returns similar to a S-Corp, or you can elect to file it as a company separately.