Builders cannot keep up with the demand and people can get so much more bang for their buck when buying a previously owned home.

@Thomas Cummings 3 of the properties no longer have loans at the moment. 4 properties will still have loans but they mature within 3 years.

Many will only allow a second position note that has a maturity date on or after the maturity date of their note.

I believe after all finances are paid and we can get 650-700 dollars per side our cash flow would be around 300-400 bucks per month.

Suddenly she's more interested (funny how motherhood and maturity can change you?). 

Live there for a bit, fix it up, save a few bucks and buy another one, repeat and when you are done with that, repeat again.

I first got introduced to real estate 2 years ago and have been using the time to educate myself (BP Podcast, books, forums, etc.) and save enough money to finally make my first purchase.I'm currently looking to purchase my first property out-of-state in PA, specifically in Philadelphia or Bucks County.

@John Underwood which is half of her rent 800 bucks, rent is 1495.

Listed one yesterday rented today for 75 bucks more a month than I thought I would get. ( Shot high to see) put another listing up today stating it would be ready to show in 2 weeks.

For the entire year I lived in the property I lived for free and the rental income from my tenants paid down the mortgage and my utilities, plus put a couple hundred bucks in my pocket every month.