The end goal is to have a substantial amount of passive income as well as build equity, to have additional security for my family in case something were to ever happen to myself or my job.  

Jay Hinrichs - curious to your opinion on if this is legal as I have seen other investors who bought a partial at one time where the holder of the note had a schedule A with the borrower.

I would eventually like to quit my job and work in real estate investing full time.

My goal is to do such a good job that all my clients will never want to buy or sell another house without me.

I love my day job as a software engineer but want to have multiple revenue streams and rental properties look like a good opportunity for steady cashflow and long term wealth.

it may be selling for $440k in a few years and you would have doubled your money with a lot less work.As a middle ground, why not look at buying 4 $80k houses in a highly sought after neighborhood in Rochester or better yet the Southeast or West where population/job growth is rising.

@Marcin ChojnackiNice job! 

Hi, just wondering what type of properties two recent college grads, with about 40K in saved money can invest in (in terms of rental/student housing), in order to start acquiring properties while also working at our full time jobs.

Great job @Tony Castronovo

I have been able to save about $20k and am ready to purchase something that will supplement our monthly income without taking too much time away from our current jobs.