Do 10 deals like this and I've set up a pretty sizable nest egg, and the best part is the total out-of-pocket contribution realistically isn't that high.

Collins, Colorado currently.My story: Graduated college, learned multiple trades (tile, stone, trim carpentry), worked as a contractor, remained poor, changed course, college again, and went into Healthcare, built a nest egg.

Once I have a good nest egg to pay for a few months not rented and extra money for repairs, maybe at that point I will start taking out some of the profits.  

I want 20 single family houses, paid for, by the time we are ready to boot the kids out of the nest.  

I would agree on paying off the debt first, then build up a nest egg and then start thinking about investing in real estate. 

My main goals are to generate income for a college fund, a retirement nest egg, to serve people in need for affordable housing, and to do what I love - create beautiful, simple homes for people.  

I wouldn't see those funds back until year two and I should keep it as a nest egg.She also suggested that we offer $220,000 because we were already asking for closing costs.

@Stuart Birdsong I do plan on living in one of the units...it's part of my game plan to finally leave the nest!

@Ray MillerIt might be a good plan if you have already accumulated a fairly comfortable nest egg.

That is a nice nest egg to start off with.