The key to that is to have your RE income exceed your expenses.If you ever play the Kiyosaki game of Cashflow 101, you know that to exit the "rat race" you have to have your passive income exceed your expenses.Seems simple right?

If they have the choice between sitting at their desk accepting turn-key offers from a buyer's agent and having to go to a house and show a new investor -- who may or may not be serious -- a property, they will choose to just take the turn-key offers.5.

But momentum is picking up and should hit the mark in the next year.It can be done, with starting capital of less than 1 million but the key is buying right and then leveraging the equity.

I have quad 4 unit buildings that are town homes.What I have found is it is much better to put all tile on the main floor instead of carpet or vinyl.Upstairs with the carpet it doesn't get worn down as much as the main level.When you evict a tenant with tile it is mop and go and not fixing tears in vinyl or carpet that can't be salvaged.The dirty carpets tend to attract bug problems as well.You can find tile cheap and buy a big area rug to warm it up for cheap.The key with tile is the contractors can kill you on the install fee.You have to find a contractor hungry for money.I can get tile 12 X 12 for 56 cents a sq ft.Main level I would spend about 229.60 in tiles,another 150.00 in mix for bonding and grout for finish and just put back old finish trim down and repaint.Can get a hungry contractor for 75.00 a day to tile day one and finish grout 75.00 day two.Total cost 529.60 for main level.I have 1,178 sq ft with 2 story but I leave carpet upstairs and on the stairs and tile the main.Don't pay high prices.Be patient and turn over rocks to find the great deals.

Thast is the key to staying green and saving time.Of course, some addendums and other docs require notary which can not be done electronically (obviously), but a vast majority of docs can be signed and initialed this way.

Communication is the key to making this transition less stressful.

You need to make a good first impression and later on when you present your offers, they would listen.Knowledge is key, when you have no money.

The carrying costs of the HML will be expensive so speed is key on turning around.

The key is safety by knowing well your borrower and the property (and of course the 1st TD).The other is control.

I think the key is your lease agreement.