I did read the "rich dad poor dad" book, and it basically amplified my sight on what I was already looking at. 

@Steve Vaughan Respectfully, throwing "millennials" into a category of people who had no responsibilities and thus not impacted by the financial crisis is short sighted.

As far as I can see this case has never been overturned and the principle still stands. 

3) I thought about getting a broker license anyways since the community college in downtown Columbus offers the 4 courses required for the state licensing exam (Real Estate Principles and Practices, Real Estate Finance, Real Estate Law, Real Estate Appraisal), and I can do them online over the summer or in Fall of 2019 online/in class.

Always remember our economy is dependent on short sighted politicians concerned only with their reelection and making the other party look bad.

FHA loan as a principle residence.

I am a newly licensed real estate agent and have a pretty good knowledge base of analysis and valuation principles.

I am looking to buy my first home and rent out some friends using the BRRRR method or to flip after 2ish years when some renovation is finished.The home I have my sights set on is in MD at around 360,000 for 3 bedroom 3 bath 1500sqft. 5 acres.This house is a foreclosure with a Zillow estimate of around 410,000. 

The principle he's referring to (and what I refer to: Ready - Aim - Fire. 

Here's my answers:Answer A:1 - The cost to you isn't the principle and interest, since the source of the funds for the mortgage payment comes from the rent (tenant).