People over the age of 55 (baby boomers) that own six plex or more.

CASH BABY!

Your clothing and furniture is an asset.

From what I hear from the experts here, they like to have at least a 30% equity position, so the market can drop that much and they can still sell out from under it without losing their shirts or any other articles of clothing.

@Justin Moore - Here is my "starting up" collection:Read ideal-vs-desperate-investor (http://greeneincome.com/index.php/2018/10/29/ideal-vs-desperate-investor/)Read Dave Ramsey book "The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness." and complete the baby steps there.Read Scott Trench’s book “Set for Life.”Finish the school and get your degree - you'll need it later, especially if it's business management.Get a job first where you have W2 income.

Before you know it, there are babys on the way.   

You have to weed these potential tenants out before they get in .such as Young couples just out of school , baby mommas and a few others that can’t be mentioned

My experience with this type of tenant is they are one argument with the baby daddy or flat tire from not paying rent...

I did some Section 8 and it honestly galls the hell out of me that a tenant can get a free place to live, free utilities, free food and the opportunity to only have to work the baby maker to get more.

They just had a baby so we thought we'd get a gift and $25 and pay them for the trouble.