Your scenario is possible but not probable...admittedly I have never done what you suggest I've been the seller financing sales in my IRA, but I have read several BP contributors that have substituted collateral.

Quote from @Sandra Morrison: @Shannon LeckingerI have STRs and LTRs - your condo will be possibly more of an appreciation play but you can’t pay bills with appreciation.

I am just starting out and have 1 STR.Would love hear the pros/cons that you took into consideration when deciding how you want to manage your STR.Self managing STR properties, from afar, while maintaining other employment, is only a possibility because of the new technology made available in the last 10 - 15 years.  

Zillow is saying the house is worth $90k but recently a tree went through the back end of it and I was hoping to get some information on possible ideas or suggestions on what I should do about the situation.

I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible. 

But also, is it even possible to get a rental property when I'm 18 with little money?

In those days it was possible to locate and tie up a “killer” deal, and close the transaction with absolutely zero of the investors own money.

I'm hoping to buy something in the $300K-$400K range so I'd like the highest quality tenant possible in that price range.

IBAs are possible just looking for more outlets.

I imagine the only way it would be possible is to do the bulk purchase in cash, sell off a couple and then put debt on them?