Don’t fall into the trap of being lured by good-looking cash flow numbers—those properties can become money pits.To wrap this up, my advice to clients is simple: Don’t overlook a solid duplex while chasing the dream of a better triplex or quadplex.Good luck!

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

It kinda creates a much smaller threshold for the tenant to save money if they were to keep an eye on their usage since I'm paying a large chunk of it, while also being able to keep any eye on how much they spend so it gives them that personal incentive to watch their usages.

Can you spend money on a CRM, automations, VA calling service, a VOIP phone system, etc?

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.

Liquidity is important if this is money you plan to put to work in the near term. 

In the latter I would much rather have my money and be in control. 

Most of them that are successful like a Tony Robbins etc they make HUGE Money Millions upon Millions with their training and backing certain products..

Putting your money into a fund or syndication.

Hi @Alex Lee I would avoid 203K loan and work with conventional renovation loan based on knowing you'll be forced to use 203k certified contractors which will cost more money and offer inflated pricing because they must follow 203k guidelines.